Coastal Corporation Limited announces 44th AGM on 26th September 2025
The announcement is about routine corporate events and does not have a significant impact on the company's operations or financials.
The announcement primarily concerns the AGM and standard corporate governance matters.
* Coastal Corporation Limited will hold its 44th Annual General Meeting (AGM) on Friday, 26th September 2025, at 10:00 a.m. IST through video conference. * The AGM will cover the adoption of financial statements for the year ended 31st March 2025, declaration of dividend of ₹0.22 i.e., 11% on the nominal value of Equity Share of ₹ 2/- each for the financial year 2024-25. * Re-appointment of Smt. Jeeja Valsaraj, appointment of Secretarial Auditors, approval to deliver document through a particular mode, approval of Related Party Transactions to be entered by the Company. * Re-appointment of Mr. Valsaraj Thottoli as a Managing Director of the Company, to consider and approve the Mortgage and/or Charge all or any part of the Movable and/or Immovable Properties of the Company as Security for Borrowing under Section 180(1)(a). * To increase the limits of borrowing by the Board of Directors of the Company under Section 180(1)(c) of the Companies Act, 2013, To seek approval to advance any Loan/give Guarantee/ provide Security u/s 185 of the Companies Act, 2013. * Appointment of Mr. Vasantharao Satya Venkata Rao (DIN: 00178596) as an Independent Director
What to do with a filing like this
Coastal Corporation Limited filed this with the NSE as a statutory disclosure, categorised under agm-egm. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Coastal Corporation Limited. Read the original for the full detail.