CIL Approves Investment in Subsidiary's Rights Issue
Coal India Limited · COALINDIA · NSE ·
The Board has approved an investment in the Rights Issue of its subsidiary, CIL Rajasthan Akshay Urja Limited (CRAUL). CIL will invest ₹22.20 lakh by subscribing to 2,22,000 equity shares, maintaining its 74% stake in the subsidiary. The funds will be used to develop solar, pumpe…