Coastal Corporation Credit Rating
CARE Ratings Limited upgraded Coastal Corporation Limited's long-term and short-term bank facilities, totaling ₹341.78 crore, to CARE B+ / CARE A4 ratings.
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- ₹341.8 Cr
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CARE Ratings Limited upgraded Coastal Corporation Limited's long-term and short-term bank facilities, totaling ₹341.78 crore, to CARE B+ / CARE A4 ratings.
Coastal Corporation Limited announced the re-appointment of Emandi Sankara Rao as Independent Director and designated changes for two other directors.
Coastal Corporation Limited held its 45th Annual General Meeting on August 27, 2026, where members transacted business, including dividend declaration and director appointments.
Coastal Corporation's subsidiary received an incremental allocation of 4,310 Kiloliters of Ethanol from OMCs for the ESY 2025-26 supply year. No monetary value was disclosed.
Coastal Corporation clarifies that all banking repayment obligations were met, attributing past payment delays to bank processing mechanisms, not borrower default.
CARE Ratings has downgraded the credit ratings for Coastal Corporation Limited's long-term and short-term bank facilities to CARE D, citing operational and financial performance concerns.
Coastal Corporation Limited has issued a notice for its 45th Annual General Meeting, scheduled for August 27, 2026. The meeting will address financial adoption and dividends.
Coastal Corporation Limited has submitted its Annual Report for the financial year 2025-26 along with the Notice for its 45th Annual General Meeting.
Coastal Corporation Limited has fixed August 20, 2026, as the record date for its final dividend. The 45th AGM is scheduled for August 27, 2026.
Coastal Corporation Ltd reported revenue from operations of ₹253.9 Cr (+38.2% YoY) and net profit of ₹11.6 Cr (+100.0% YoY) for Q1 FY27.
Coastal Corporation Limited scheduled a board meeting for August 3, 2026. The board will consider the unaudited financial results for the quarter ended June 2026.
Coastal Corporation reported FY26 consolidated revenue of ₹995.3 Cr and PAT of ₹22.6 Cr, driven by seafood exports and the new grain ethanol segment.
Coastal Corporation recommended a final dividend of ₹0.14 per equity share for FY2025-26. The record date for the payout will be determined in a subsequent meeting.
Coastal Corporation Limited board approved the re-appointment of Emandi Sankara Rao and the appointment of two new directors. These changes strengthen board governance and strategic leadership.
Coastal Corporation Ltd reported revenue from operations of ₹324.7 Cr (+106.7% YoY) and net profit of ₹9.9 Cr for Q4 FY26.
Coastal Corporation approved FY26 financial results and a Rs. 0.28 dividend. It also greenlit a new Rs. 350 Crore ethanol plant in Odisha through its subsidiary.
Coastal Corporation approved a ₹350 Crore ethanol plant in Odisha through its subsidiary. The board also recommended a ₹0.28 per share dividend and various director appointments.
Coastal Corporation Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. The report confirms overall compliance with SEBI regulations and statutory requirements.
Coastal Corporation Limited will hold a board meeting on May 30, 2026, to approve audited financial results and recommend a final dividend. Trading window remains closed.
Coastal Corporation Limited announced that CARE Ratings has reviewed its credit ratings for bank facilities totaling ₹341.78 Crore. The agency assigned 'CARE BB; Stable' for new facilities and reaffirmed the same for existing limits. The rating reflects improved revenue and experienced management, tempered by working capital intensity and geographical concentration risks.
Coastal Corporation Limited submitted its quarterly certificate confirming compliance with SEBI dematerialisation regulations for the period ended March 31, 2026. The Registrar and Share Transfer Agent, Bigshare Services, confirmed that security certificates received were processed, mutilated, and cancelled as per regulatory requirements.
Coastal Corporation Ltd reported net profit of ₹7.1 Cr (+273.7% YoY) for Q3 FY26.