BSECompany Update4d ago · 27 Jul 2026, 06:32 pm

Investment in Rights Issue of CIL Rajasthan Akshay Urja Ltd( CRAUL), a subsidiary of CIL

Coal India Ltd · 533278

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Coal India Ltd has approved investment in the rights issue of its subsidiary CIL Rajasthan Akshay Urja Ltd (CRAUL), a joint venture with Rajasthan Rajya Vidyut Urja Nigam Ltd. The investment will be made through the subscription of equity shares.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Coal India Ltd - 533278 - Announcement under Regulation 30 (LODR)-Acquisition

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Coal India Limited Company Secretariat Regd. Office:3rd floor, Core-2 3 तल्ला, कोर-2, प्रेमिसेस-04-एिआर,प्लॉट-ए एफ- Premises no-04-MAR, Plot no-AF-III, Action III,एक्शन एररया-1A, न्यूटाउन, रजरहट, कोलकाता- Area-1A, Newtown, Rajarhat,Kolkata-700156 700156, फोन-0332324555, एक महारत्न कंपनी PHONE; 033-2324-5555, A Maharatna E-MAIL: complianceofficer.cil@coalindia.in ईिेल: complianceofficer.cil@coalindia.in Company WEBSITE: www.coalindia.in वेबसाइट: www.coalindia.in CIN- L23109WB1973GOI028844 सी आई एन - L23109WB1973GOI028844 Ref No.CIL:XID:04156/157:35043 Date:27.07.2026 To, To, Listing Department, Listing Department, Bombay Stock Exchange Limited, National Stock Exchange of India Limited, 14th Floor, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051. Scrip Code 533278 Ref: ISIN – INE522F01014 Dear Sir/Madam Sub:- Investment in Rights Issue of CIL Rajasthan Akshay Urja Limited (CRAUL) a subsidiary of CIL CIL Board at its meeting held on date has inter-alia, accorded approval for investment in Rights Issue of CIL Rajasthan Akshay Urja Limited (CRAUL) by Coal India Limited, details as per Annexure. This is as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.This is for your information and record. Yours faithfully, For Coal India Limited (बी पी दबु े/B. P Dubey) Enc: As above Annexure DETAILS TO BE PROVIDED WHILE DISCLOSING EVENTS GIVEN IN PART A OF SCHEDULE III OF THE LODR REGULATIONS S. Particulars Details 1 Name of the target entity, details in brief CIL Rajasthan Akshay Urja Limited. A joint such as size, turnover etc venture of Coal India Limited (CIL) and Rajasthan Rajya Vidyut Urja Nigam Limited (RVUNL) Paid-up Capital: Rs. 10,00,000/- (Rupees Ten Lakh only). (CIL: Rs. 7,40,000/- and RVUNL: Rs. 2,60,000/-) Size/Turnover: NIL 2 Whether the acquisition would fall within No related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3 Industry to which the entity being Renewable Energy acquired belongs; 4 Objects and impact of acquisition To develop, construct and operate the solar (including but not limited to, disclosure of power projects, PSP projects and wind power reasons for acquisition of target entity, if projects or such other projects as may be its business is outside the main line of mutually agreed between the Parties in writing business of the listed entity); through a suitable model, and the Company will undertake the business of selling the power generated from the Projects to RVUNL under Section 62 of Electricity Act, 2003 or such other entities as may be mutually agreed between Parties in accordance with the applicable Laws including the Electricity Act and any other activities reasonably related to or incidental thereto (supply all renewable power to the state DISCOMs/Other DISCOMs, Third Party/Open Market/C&I customers etc. anywhere in India on mutual consent). 5 Brief details of any governmental or No regulatory approvals required for the acquisition 6 Indicative time period for completion of 30 days from the date of opening of Rights issue the acquisition 7 Consideration - whether cash Cash consideration for subscription of Equity consideration or share swap or any other Share Capital. form and details of the same 8 Cost of acquisition and/or the price at CIL- 2,22,000 equity shares @ Rs. 10/- each which the shares are acquired amounting to Rs. 22,20,000/-. RVUNL- 78,000 equity shares @ Rs. 10/- each amounting to Rs. 7,80,000/-. 9 Percentage of shareholding / control CIL: 74% , RVUNL: 26% acquired and / or number of shares acquired; 10 brief background about the entity acquired ‘CIL Rajasthan Akshay Urja Limited’ has been in terms of products/line of business incorporated on 09.06.2025 to pursue the acquired, date of incorporation, history of business activities as mentioned above. History last 3 years turnover, country in which the of last 3 years turnover: Not Applicable. acquired entity has presence and any other Country in which the acquired entity has significant information (in brief); presence: India