Coal India Merger & Restructuring Worth ₹4.75 Cr
Coal India Limited is incorporating a new wholly-owned subsidiary, CIL Global Pte. Ltd, in Singapore for overseas mineral acquisition. The total consideration is ₹4.75 Crore.
- Value
- ₹4.75 Cr
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Coal India Limited is incorporating a new wholly-owned subsidiary, CIL Global Pte. Ltd, in Singapore for overseas mineral acquisition. The total consideration is ₹4.75 Crore.
Coal India Limited incorporated a wholly-owned Singapore subsidiary, CIL Global Pte. Ltd., to explore and develop critical minerals asset acquisition opportunities.
Coal India will invest ₹0.22 Crore in the Rights Issue of its subsidiary, CIL Rajasthan Akshay Urja Limited, to fund renewable energy projects.
Coal India signed a JVA with UPRVUNL to form a renewable energy joint venture. The entity starts with Rs.0.1 Crore paid-up capital for Uttar Pradesh projects.
Coal India signed a JV agreement with UPRVUNL for renewable energy projects in Uttar Pradesh. The JV will be 51:49 owned, with an authorized capital of INR 10 crore.
Coal India's wholly owned subsidiary, CIL Solar PV Limited, has been dissolved and struck off from the Register of Companies. The administrative closure simplifies the group structure.
Coal India Limited announced that the Registrar of Companies proposes to strike off its wholly owned subsidiary, CIL Solar PV Ltd., under Section 248(2) of the Companies Act, 2013. The Ministry of Corporate Affairs issued a public notice regarding this removal. Objections can be filed with the MCA within thirty days.