Coastal Corporation Limited was originally established as Coastal Trawlers Private Limited in the year May 30, 1981. The Company has marked its presence in the field of aquaculture by engaging in processing and exporting shrimps.The Company was subsequently converted into a public limited company in 1985 and the name of the company was to Coastal Corporation Limited in the year 2005. During the year 2017, the Company started its operations at Nellore by entering into an agreement with The Waterbase LimitedDuring the year 2017, the Company started its Operations in Bhubaneswar with a motive to expand the business and meet the increased demand of customers.During the period 2019, in respect of consent applications filed by listed entity its Promoters voluntarily, with Securities and Exchange Board of India (SEBI) pursuant to the provisions of SEBI (Settlement Proceedings) Regulations, 2018, with regard to certain delayed compliances during the years 1997 till 2014 of disclosure requirements by listed entity its Promoters under Regulations 6(2), 6(4) 7(1), 7(2) 8(3) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations,1997 and Regulation 30(2) read with Regulation 30 (3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the SEBI has passed the Settlement Orders on Application Nos. 3838/2019(Company) 3839/2019(Promoters) vide its Order Nos. SO/EFD2/SD/277/MAR/2019 (Company) SO/EFD2/SD/278/MAR/2019(Promoters) the Company and Promoters remitted a sum of Rs. 27,95,000/ and Rs. 13,12,188/ respectively towards settlement charges.
How has Coastal Corporation Ltd [COASTCORP] shares performed in the past ?
The past 1-year return of Coastal Corporation Ltd [COASTCORP] share was 21.88. The Coastal Corporation Ltd [COASTCORP] share hit a 1-year low of Rs. 181.7 and a 1-year high of Rs. 354.9.
How can I buy Coastal Corporation Ltd shares?
You can easily buy Coastal Corporation Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.