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.
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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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Full Announcement
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