The business stated in a regulatory filing that it had formed Pelma Collieries Ltd. as a WOS (Wholly-Owned Subsidiary) on April 7 with an initial authorized share capital of Rs. 10,00,000 and a paid-up share capital of Rs. 5,000,000. The business will continue to develop, build, and run coal washeries, including coal handling systems, as well as perform all necessary and incidental tasks.
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