Coal India Limited
Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.
What Coal files
- Updates110
- Others87
- Important73
- Dividend/Bonus16
- Investor Meet10
- Board Meeting6
Coal India (CIL) and UPRVUNL formed a JV for renewable energy projects in Uttar Pradesh. CIL holds 51%, with initial paid-up capital of 0.1 Cr (authorized 10 Cr). CIL secures board chairperson and majority director seats, expanding its footprint in green energy.
Coal India received approval for Mahanadi Coalfields (MCL) listing. The IPO will include CIL's stake sale via OFS and a fresh equity issue by MCL. CIL will reduce its MCL holding by up to 25%.
Coal India announced its wholly-owned subsidiary, CIL Solar PV Limited, has been officially dissolved. Its name has been removed from company registers, simplifying the corporate structure.
CIL's provisional production for the month fell 9.7% year-on-year to 56.1 Million Tonnes. Offtake also dipped 2.0%, reaching 63.2 Million Tonnes. Investors should note this operational slowdown.
Coal India announced its wholly-owned subsidiary, CIL Solar PV Ltd, is slated for removal from the company register. This move suggests potential operational streamlining within the group's structure.