Coastal Corporation Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Coastal Corporation approved consolidated revenue of Rs. 633.18 Cr with a net profit of Rs. 7.40 Cr for the year. It declared a final dividend of Rs. 0.22 per share (face value Rs. 2). The board extended the buyback window by one year for its US subsidiary, Seacrest Seafoods Inc. Mr. T. Valsaraj is set for re-appointment as Managing Director. The company confirmed proper utilization of Rs. 42.4 Cr raised through a rights issue.