Coal India Limited (COALINDIA)
Investment in Rights Issue of CIL Rajasthan Akshay Urja Ltd( CRAUL), a subsidiary of CIL
Investment in Rights Issue of CIL Rajasthan Akshay Urja Limited (CRAUL), a subsidiary of Coal India Limited
- CRAUL is a joint venture of CIL (74% stake) and RVUNL (26%) in renewable energy
- Investment involves subscription of 2,22,000 equity shares by CIL at Rs. 10 each, totaling Rs. 22.2 lakh
- Purpose: develop and operate solar, PSP, and wind power projects, selling power to DISCOMs or others
- No regulatory approvals required; completion expected within 30 days of Rights Issue opening
Source: Original filing PDF
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🚨 COALINDIA — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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