Coastal Corporation Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Coastal Corp's board has met and approved the consolidated financial results for Q1 FY25, reporting revenue of ₹161.51 Cr and a profit of ₹4.65 Cr. Key decisions include seeking shareholder approval for significantly higher borrowing limits up to ₹700 Cr and loan/guarantee limits up to ₹500 Cr. The board also appointed new directors and a secretarial auditor, while one independent director will step down. The 44th Annual General Meeting is set for September 26, 2025, where dividends (if approved) will be considered. The company confirmed no deviation in the use of funds from its ₹42.40 Cr rights issue.