Coal India Limited has announced the formal dissolution of its wholly owned subsidiary, CIL Solar PV Limited. Following a notice issued by the Ministry of Corporate Affairs dated May 11, 2026, the entity’s name has been struck off the Register of Companies. This corporate action concludes the legal existence of the subsidiary, as the company now stands dissolved under the provisions of the Companies Act, 2013.
Corporate Restructuring Update
Coal India Limited has officially confirmed the closure and dissolution of CIL Solar PV Limited, which previously operated as a wholly owned subsidiary of the organization. The process reached its conclusion on May 12, 2026, following receipt of formal notification from the Ministry of Corporate Affairs.
Legal Status of the Entity
Pursuant to sub-section (5) of Section 248 of the Companies Act, 2013, the subsidiary has been struck off from the official Register of Companies. With this administrative action, the legal status of CIL Solar PV Limited is terminated, and the company is now considered dissolved. This development follows the company’s prior communication regarding the subsidiary’s status dated April 20, 2026.
Source: BSE