CIL Solar PV Limited Struck Off: MCA Dissolves Coal India’s Wholly Owned Subsidiary

Ministry of Corporate Affairs removes CIL Solar PV Limited from register under Companies Act; Coal India Limited informs BSE and NSE under SEBI norms

In a significant development, the Ministry of Corporate Affairs (MCA), Government of India, has struck off ‘CIL Solar PV Limited’, a wholly owned subsidiary of Coal India Limited, from the Register of Companies.

The development was disclosed by Coal India Limited to stock exchanges (BSE and NSE) on May 12, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the filing, the MCA issued a notice (No. STK-7/001155/2026) dated May 11, 2026, which was received by the company on May 12. The action has been taken under sub-section (5) of Section 248 of the Companies Act, 2013, leading to the removal of CIL Solar PV Limited from official records and its consequent dissolution.

Notably, Coal India Limited had earlier informed the exchanges on April 20, 2026, regarding the proposed strike-off action.

Coal India Limited, India’s largest coal producer, is primarily engaged in coal mining and production and also operates coal washeries. Its key consumers include the power and steel sectors, while cement, fertilizer, and brick kiln industries also form a significant part of its customer base.

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