Coastal Corporation

Coastal Corporation said CARE Ratings upgraded its Rs68.28 crore long-term bank facilities to CARE B+ with a stable outlook and its Rs273.50 crore long-term/short-term facilities to CARE B+ with stable outlook and CARE A4 from CARE D. CARE had downgraded the Rs341.78 crore facilities to D on 6 August from BB with stable outlook and A4. The company had said scheduled DBS repayment funds were maintained and DBS viewed account conduct as satisfactory, while April and May 2026 EMI recoveries completed late after mark-to-market movements and excess working-capital limits blocked system recovery. Consolidated revenue was Rs995.29 crore in the year to March with audited profit of Rs26.66 crore. Shrimp and marine products accounted for about 62% of operating revenue and ethanol for about 22%.

Powered by Tijori

Coastal Biotech Private Limited, a wholly owned subsidiary of Coastal Corporation, received an incremental allocation to supply 4,310 kilolitres of ethanol to oil marketing companies. The allocation covered Q4 of Ethanol Supply Year 2025-26 and named Bharat Petroleum, Indian Oil and Hindustan Petroleum as the awarding companies. Coastal Biotech generated ₹244.73 crore of revenue and ₹13.79 crore of PAT in FY26. Coastal Corporation’s board approved a separate 300 KLPD ethanol plant in Odisha at an estimated cost of ₹350 crore in May 2026.

Powered by Tijori

Aug 20 (Reuters) - Coastal Corporation Ltd COAS.NS:

• UNIT RECEIVES INCREMENTAL ETHANOL ALLOCATION

• ALLOCATED 4,310 KL ADDITIONAL ETHANOL FOR Q4 ETHANOL SUPPLY YEAR 25-26

Source text: ID:nNSE2b5Xsj

Further company coverage: COAS.NS

(([email protected];;))

Coastal Corporation said it had maintained funds for scheduled repayments on its DBS Bank facilities and that certain dates in bank records reflected manual processing, bank value-dating and facility-level system adjustments. DBS Bank said there had been no observed repayment delay for the May 2025 interest recovery and for EMI recoveries dated December 1, 2025 and March 2, 2026, which it said were processed on subsequent working days with earlier value dates. It said funds for the March and April 2026 recoveries had been remitted before the due dates, but recoveries were completed on April 8 and May 7 after MTM/FCY movements and working-capital limit utilisation prevented partial debits. The bank described account conduct as satisfactory and said it had observed no stress in the facilities. CARE had downgraded ₹341.78 crore of Coastal Corporation's rated facilities from CARE BB and CARE A4 to CARE D on August 6, 2026.

Powered by Tijori

CARE Ratings downgraded Coastal Corporation’s ₹68.28 crore of long-term bank facilities and ₹273.50 crore of long-term/short-term facilities to CARE D, from CARE BB with a stable outlook and CARE A4. The agency cited recent operational and financial performance, along with delays in the company’s FY26 annual report, as factors affecting its credit profile.

Powered by Tijori

** Shares of Coastal Corporation COAS.NS jump 12.9% to 55.15 rupees after quarterly profit rise

** Seafood products producer and exporter's June quarter consol profit doubles Y/Y to 115.7 mln rupees ($1.2 mln)

** June quarter total revenue jumped 41.6% Y/Y to 2.62 bln rupees

** Also, COAS to register itself as a trader with the Food corporation of India for procurement of rice and other eligible food grains

** Trading vols over 2x the 30-day average at 216,307 shares so far

** YTD, COAS up over 21%

($1 = 95.3250 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

Coastal Corporation has scheduled in-person meetings with institutional investors including SBI AMC, Old Bridge AMC, and Kotak AMC, moderated by InCred, during the week commencing June 23, 2026. Managing Director Thottoli Valsaraj will represent the company at the meetings, which will be held at the investors' respective offices. The company stated that no unpublished price-sensitive information will be discussed, and the discussions will be based on general business outlook and publicly available information.

Powered by Tijori

** Shares of Indian seafood exporters rise between 2.55% and 4.68%

** Coastal Corporation COAS.NS up 2.55%, Apex Frozen Foods APEX.NS rises 4.51% and Avanti Feeds AVNT.NS gains 4.68%

** APEX set for best day in nearly 8 years; AVNT jumps to record

** The U.S. Supreme Court struck down Donald Trump's global tariffs in February; a tariff refund system went live on Monday to allow companies which export to the U.S. to recover illegally collected tariffs

** The U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, COAS up 14.5%, AVNT up 88.6%, APEX up 80.5%

(Reporting by Abhirami G in Bengaluru)

(([email protected]))

** Shares of Indian shrimp exporters rise between 3.5% and 8%

** Coastal Corporation COAS.NS up 3.5%, Avanti Feeds AVNT.NS gains 5.8% and Apex Frozen Foods APEX.NS climbs 8%

** Shares extend gains after U.S., India release interim framework for trade deal that lowers tariff rate on Indian exports to 18%

** U.S. is one of the largest international markets for Indian seafood exporters

** Since a trade deal was first announced on February 2, AVNT has climbed 35%, APEX has risen 27% and COAS is up about 15%

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** Shares of Indian seafood exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS and Coastal Corporation COAS.NS rise between 5% and 20%

** Stocks surge after India and U.S. enter a trade deal; U.S. to lower tariffs on India to 18%, remove 25% levy for purchase of Russian oil

** Indian seafood exporting firms had been hit by higher tariffs from the U.S. since last year; U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, APEX up 5.3%, AVNT down 3.8%, COAS up 0.75%

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

**Shares of Indian seafood exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS and Coastal Corporation COAS.NS rise between 2% and 5.3% ahead of India's federal budget

**India's government is expected to announce measures to support seafood exporters hit by U.S. tariffs

**India's Finance Minister Nirmala Sitharaman to present union budget at 11:00 a.m. IST today

**YTD, APEX up 4.7%, AVNT down 4.2%, COAS down nearly 2%

(Reporting by Mridula Kumar in Bengaluru)

(([email protected];))

** Shares of Indian seafood exporters rise after India and EU sign trade deal

** EU will cut tariffs on 99.5% goods traded over seven years, with tariffs to be cut to zero on Indian marine goods

** Apex Frozen APEX.NS leads the pack, jumps 14%

** Avanti Feeds AVNT.NS up nearly 2% and Coastal Corporation COAS.NS gains 3%

** Indian seafood exporting firms have been hit by higher tariffs from the U.S. since last year; U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, AVNT is down 8%, APEX up 6.7%, COAS down 7.7%

(Reporting by Komal Salecha in Bengaluru)

(([email protected]))

** Shares of Indian textile firms and seafood exporters jump on optimism on India–U.S. trade talks, and a likely India–EU trade deal

** Among textile firms, Trident TRIE.NS rises 3%, Vardhman Textiles VART.NS up 3.1%, Gokaldas Exports GOKL.NS climbs 5.3% and Welspun Living WLSP.NS jumps 6%

** Seafood exporters Apex Frozen Foods APEX.NS, Coastal Corporation COAS.MS and Avanti Feeds AVNT.NS trading higher by 3.4%, 2.4% and 6.4% respectively

** U.S. president Donald Trump signalled optimism on a bilateral trade deal with India, while speaking to Moneycontrol

** A India-EU trade deal is also on the cards, with a deal likely to be concluded in the next few days, Spain's Foreign Minister José Manuel Albares said on a visit to New Delhi on Wednesday

** United States is the biggest market for India's shrimp farmers and exporters; India also holds a 5%-6% share of EU's $125 billion worth of textiles and apparel imports

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

May 19 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COMMERCIAL PRODUCTION OF ETHANOL PROJECT BY UNIT COMMENCED

Source text: ID:nBSE2SvNpr

Further company coverage: COAS.NS

(([email protected];))

April 17 (Reuters) - Coastal Corporation Ltd COAS.NS:

• UNIT COASTAL BIOTECH EXPECTS INCREASED ETHANOL DEMAND DUE TO POLICY SHIFT

Source text: ID:nNSE99Xfk3

Further company coverage: COAS.NS

(([email protected];;))

** Shares of shrimp exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS Costal Corporation COAS.NS rise 5.2, 6.7% and 7.3% respectively

** U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs on Wednesday

** The three stocks had declined 6.9%, 14.8%, 13.9% up to Wednesday since Trump announced tariffs on April 2

** U.S. bought Indian seafood worth $2.55 billion in FY24, which mostly comprised of shrimp

** An unnamed government official told Reuters Thursday the tariff pause is especially a relief for shrimp exporters, citing an industry that faced a tariff disadvantage compared to competitors like Ecuador

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

April 9 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION LTD - U.S. BUYERS WILLING TO ABSORB INCREASED COST OF INDIAN SHRIMP

• COASTAL CORPORATION LTD - FOCUSES ON JAPAN AND SOUTH KOREA FOR EXPORT DIVERSIFICATION

• COASTAL CORPORATION LTD - EXPLORING EXPORT OPPORTUNITIES IN CHINA, RUSSIA, AND CANADA

Source text: ID:nNSE7FF1n7

Further company coverage: COAS.NS

(([email protected];;))

** Shares of India's Apex Frozen APEX.NS, Zeal Aqua ZEAQ.BO, Coastal Corporation COAS.NS and Kings Infra Ventures KIVL.BO up between 4.4% and 9.3%

** India will introduce framework for sustainable harness of fisheries in the exclusive economic zone, Finance Minister Nirmala Sitharaman says in union budget

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Coastal Corporation COAS.NS rise as much as 7% to 275 rupees; last up around 3%

** Seafood exporter's board approves sub-division of its shares in 1:5 ratio

** More than 94,000 shares traded, 2.3x its 30-day avg

** Stock up 2.6% YTD

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Dec 18 (Reuters) - Coastal Corporation Ltd COAS.NS:

• TO CONSIDER SHARE SPLIT

Source text: ID:nBSEbl6g5l

Further company coverage: COAS.NS

(([email protected];;))

Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION - DIVIDEND 1.2 RUPEES PER SHARE

Source text for Eikon: ID:nBSE5frLhV

Further company coverage: COAS.NS

** Avanti Feeds AVNT.NS, Coastal Corp COAS.NS and Apex Frozen APEX.NS gain between 2.7%-4%

** Financial support to set up nucleus breeding centres for financing and export will be facilitated, Finance Minister Nirmala Sitharaman says in 2024/25 union budget

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of India's fisheries stocks up between 5% and 8%

** Avanti Feeds AVNT.NS leads gains with 7.5% rise; BKV Industries BKVI.BO hits upper circuit of 5%

** India Finance Minister Nirmala Sitharaman in budget speech says government targets doublng seafood exports to 1 trillion rupees ($12.05 bln)

** Apex Frozen Foods APEX.NS rises 6%; Coastal Corporation COAS.NS shares up 8%

** BKVI rose 25% in Jan, highest among fisheries stocks; APEX rose least, gaining 13%

($1 = 82.9900 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

May 30 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION LTD - DIVIDEND 1.35 RUPEES PER SHARE

Source text for Eikon: [ID:]

Further company coverage: COAS.NS

(([email protected];))