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.
- Value
- ₹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.