Coastal Corporation has announced a board meeting to discuss the fixation of a record date for the subdivision of its equity shares. The plan involves splitting one equity share with a face value of ₹10 into five equity shares worth ₹2 each. This strategic move could enhance liquidity in the stock and potentially attract a broader base of retail investors. A stock split may also signal management's confidence in the company’s future prospects, offering a positive outlook for shareholders looking for growth opportunities. Watch closely for further updates on the implementation timeline and its impact on share performance.