Coastal Corp Q1 FY27 Results: Board Approves Re-appointment, Dividend Record Date Set
Coastal Corporation Limited's Board approved Q1 FY27 results on August 3, 2026. Smt. Feeja Valsaraj's re-appointment was approved, pending shareholder consent. The 45th AGM is on August 27, 2026. August 20, 2026, is the record date for the final dividend. The company will register as an FCI trader.
The announcement includes key corporate governance events like director re-appointment and dividend declaration, which are material for shareholders. The approval of financial results and registration as an FCI trader also hold moderate importance for stakeholders.
The announcement details routine corporate actions like financial results approval, director re-appointment, and AGM scheduling. While the dividend record date is a positive indicator, the overall tone is neutral as it lacks significant growth or strategic shifts.
Coastal Corporation Limited announced the outcome of its Board Meeting held on August 3, 2026. The Board approved the un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026.
Key decisions included the re-appointment of Smt. Feeja Valsaraj, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The 45th AGM is scheduled for Thursday, August 27, 2026, to be conducted via video conference or other audio-visual means (OAVM).
The company has fixed Thursday, August 20, 2026, as the record date for determining shareholder entitlement to the final dividend for the financial year ended March 31, 2026, which will be paid if approved at the AGM. Additionally, the Board approved registering the company as a Trader with the Food Corporation of India (FCI) for the procurement of rice and other eligible food grains.
The Board also took note of the quarterly and yearly compliances submitted to the stock exchanges. The meeting commenced at 11:15 AM and concluded at 1:00 PM.
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Coastal Corporation Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Coastal Corporation Limited. Read the original for the full detail.