Coastal corporation Limited has fulfilled its quarterly regulatory compliance by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to securities market regulations governing dematerialisation processes.

Regulatory Compliance Details

The certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of dematerialisation activities. The compliance document covers the period from January 1, 2026, to March 31, 2026, representing the fourth quarter of fiscal year 2026.

Certificate Issuer and Verification

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 4, 2026. The certificate confirms that securities received from Depository Participants for dematerialisation during Q4 FY26 were properly processed and confirmed to the depositories.

The registrar verified that all security certificates received for dematerialisation were mutilated and cancelled after due verification by the Depository Participant. Additionally, the names of the Depositories were substituted in the register of members as registered owners within the stipulated 15-day timeframe.

Stock Exchange Notifications

Coastal Corporation Limited submitted the compliance certificate to both major Indian stock exchanges where its shares are listed. The company maintains its listing presence on:

• National Stock Exchange (NSE): Trading under symbol COASTCORP
• Bombay Stock Exchange (BSE): Listed with scrip code 501831

Company Profile

Coastal Corporation Limited operates as a Government of India recognised Three Star Export House, with its registered office located in Visakhapatnam, Andhra Pradesh. The company maintains three operational units across Andhra Pradesh, including facilities in Visakhapatnam and Kakinada SEZ.

The submission of this quarterly certificate ensures Coastal Corporation Limited remains compliant with SEBI's regulatory framework, maintaining transparency in its dematerialisation processes and upholding investor protection standards mandated by Indian securities regulations.

Coastal Corporation Limited announced its unaudited financial results for the third quarter ended December 31, 2025, demonstrating robust performance across its core business segments. The Board of Directors approved these results during their meeting held on February 12, 2026, showcasing the company's continued growth trajectory in marine products and renewable energy sectors.

Standalone Financial Performance

The company's standalone operations delivered strong results for Q3FY26, with significant contributions from its marine products division. Revenue from operations reached substantial levels, supported by diversified income streams and operational efficiency improvements.

The marine products segment continued to be the primary revenue driver, contributing ₹18,953.41 lakhs compared to ₹17,842.99 lakhs in the corresponding quarter of the previous year. Solar power operations showed exceptional growth, generating ₹217.77 lakhs in revenue compared to ₹24.21 lakhs in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained strong momentum across all operational parameters. The cumulative performance reflected consistent growth in core business areas and effective cost management strategies.

Consolidated Financial Results

The consolidated financial statements, which include subsidiaries Continental Fisheries India Limited, Coastal Biotech Private Limited, and Seacrest Seafoods Inc., demonstrated the group's diversified operational strength. Consolidated revenue from operations totaled ₹30,264.88 lakhs for Q3FY26.

Operational Highlights and Corporate Developments

The company's wholly owned subsidiary Coastal Biotech Private Limited achieved full operational status and commenced selling grain-based ethanol to Oil Marketing Companies. This development strengthens the group's position in the renewable energy sector and diversifies revenue streams.

The company addressed regulatory challenges related to Fuel & Power Purchase Cost Adjustment charges imposed by the Andhra Pradesh Electricity Regulatory Commission. Management estimated liabilities of ₹74.78 lakhs for FY2023 and ₹108.06 lakhs for FY2024, with appeals filed before the Appellate Tribunal for Electricity.

Financial Position and Compliance

Coastal Corporation maintained its paid-up capital at ₹1,339.54 lakhs with face value of ₹2 per share. The company confirmed no deviation in the utilization of funds raised through the Rights Issue of partly paid-up equity shares from the objects stated in the letter of offer dated August 25, 2022.

The financial results were prepared in accordance with Indian Accounting Standards and received limited review from statutory auditors Brahmayya & Co., Chartered Accountants. The results are available on the company's website and stock exchange platforms for stakeholder access.