Coastal Corp Subsidiary Receives Incremental Ethanol Allocation of 4,310 KL for ESY 2025-26
Coastal Corporation's subsidiary, Coastal Biotech Private Limited, has received an incremental allocation of 4,310 KL of Ethanol for the Ethanol Blended Petrol Programme for ESY 2025-26. The supply will be to major OMCs like BPCL, IOCL, and HPCL.
The incremental allocation of 4,310 KL of Ethanol represents a new order for the company's subsidiary, contributing to its business operations and revenue. While not a very large quantity, it signifies continued engagement in the EBPP.
The company has received an incremental allocation for ethanol supply, which is a positive development for its subsidiary and indicates continued business for the Ethanol Blended Petrol Programme.
Coastal Biotech Private Limited, a wholly owned subsidiary of Coastal Corporation Limited, has received an incremental allocation of 4,310 Kilo Litres (KL) of Ethanol for supply to Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol Programme (EBPP). This allocation is for the 4th quarter of the Ethanol Supply Year (ESY) 2025-26.
The subsidiary has two units located in Visakhapatnam and one in East Godavari. The order is for supplying Ethanol to major OMCs including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL). The significant terms of the contract involve the supply of 4,310 KL of Ethanol during the ESY 2025-26 period. The company has confirmed that its promoters or group companies do not have an interest in the awarding entities, and the contract is not considered a related party transaction. This information is provided pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Coastal Corporation Limited filed this with the NSE as a statutory disclosure, categorised under new orders. 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.