Coastal Corporation Limited — Credit Ratings, 09-04-2026: Credit Rating- New

CARE Ratings assigned new facilities and reaffirmed existing ones for Coastal Corporation. All long-term and short-term bank facilities now stand at **CARE BB; Stable / CARE A4**, maintaining a **Stable outlook**. This reflects improved revenue and management expertise. However, it's tempered by increased working capital borrowings and geographical concentration risk in exports, despite positive contributions from the ethanol plant.