Memorandum of Understanding- Memorandum of Understanding (MoU) between Coal India Ltd (CIL) and Indian Port…
As filed · Coal India Limited has informed the Exchange about Memorandum of Understanding/Agreements- Memorandum of Understanding (MoU) between Coal India Ltd (CIL) and Indian Port Rail & Ropeway Corporation Lim
What happened
FactCoal India Limited has filed a notice regarding a joint venture as per Regulation 30 of the SEBI (LODR) Regulations 2015. The filing was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India. The document includes the company's contact information and registration details.
Why it matters
CapitSignal interpretationA joint venture commits capital and management time to an asset the company only part-owns.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedCoal India’s Capex Rises 16.64% in Q1 FY’27, Surpasses Quarterly Target
The company also surpassed its quarterly capex target of ₹3,349 crore, achieving 101.5% of the planned expenditure.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Capital commitment and ownership split
- Whether it is consolidated or equity-accounted
- Reflecting on its strategic importance, land acquisition and related activities have been allocated the highes (management committed by FY27)
- It is anticipated that the project will be financially self-sustainable beyond the initial five year funding r (management committed by FY30)
Evidence
- Coal India Limited has informed the Exchange about Memorandum of Understanding/Agreements- Memorandum of Understanding (MoU) between Coal India Ltd (CIL) and Indian Port Rail & Ropeway Corporation Limited.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- JOINT_VENTURE base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%