The 800-page charge sheet was filed against the brothers duo by the Special Investigation Team probing the cases related to illegal mining.
Sameer and Arjun Salgaoncar, Directors of Kantilal and Company Private Limited, were granted anticipatory bail on October 9, 2015.
They were arrested last week and released.
The case was registered against them on September 15, 2014 following a complaint by the Director of Mines and Geology, Prasanna Acharya.
SIT, however, has dropped Alemao from the list of accused.
Salgaoncar brothers are charged under various sections of Mineral Concession Rules, 1960 along with Mines and Mineral (Development and Regulation) Act, 1957 and Forest (Conservation) Act, 1980.