Coral Laboratories publishes postal ballot notice in newspapers

1 min read Updated on 23 Jun 2026, 11:46 AM

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Riya DScanX News Team

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Coral Laboratories Ltd has published the postal ballot notice in newspapers to seek approval for increasing the remuneration of Ms. Meera Doshi to ₹ 6,50,000 per month. Remote e-voting is open from June 23 to July 22, 2026, with results expected on July 24, 2026.

*this image is generated using AI for illustrative purposes only.

Coral Laboratories Ltd has published the postal ballot notice and remote e-voting instructions in newspapers on June 23, 2026, to seek shareholder approval for increasing the remuneration of Ms. Meera Doshi, Head of Business Strategy. The notice was dispatched on June 18, 2026, and published in The Free Press Journal (English) and Nav Shakti (Marathi). The resolution seeks approval for a monthly remuneration not exceeding ₹ 6,50,000, effective from August 1, 2026, as Ms. Doshi is a related party holding an office of profit within the company.

The remote e-voting facility is available from 09:00 a.m. on June 23, 2026, until 05:00 p.m. on July 22, 2026. Shareholders whose names appear in the Register of Members or list of Beneficial Owners as on June 19, 2026, are eligible to vote. The company has engaged M/s National Securities Depository Limited (NSDL) to facilitate the process, while M/s SARIK & Associates LLP has been appointed as the Scrutinizer.

Postal Ballot and E-Voting Details

Event	Date	Time
Remote E-Voting Commences	June 23, 2026	09:00 a.m.
Remote E-Voting Ends	July 22, 2026	05:00 p.m.
Result Declaration	July 24, 2026	-

Resolution Details

The Ordinary Resolution requires consent under Section 188(1)(f) of the Companies Act, 2013, as the proposed remuneration exceeds the prescribed limit of ₹ 2,50,000 per month. The Board is authorized to alter the remuneration within the approved limit. The results will be declared on or before July 24, 2026, and communicated to BSE Limited.

Historical Stock Returns for Coral Laboratories

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.97%	+27.82%	+37.42%	+35.63%	+10.12%	+34.44%

How will the market react if shareholders reject the proposed remuneration increase?

What strategic initiatives is Ms. Doshi expected to drive that justify this significant remuneration hike?

Could this approval set a precedent for remuneration adjustments for other senior executives at Coral Laboratories?

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Coral Laboratories closes trading window ahead of Q1FY26 results

0 min read Updated on 22 Jun 2026, 01:42 PM

Reviewed by

Naman SScanX News Team

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Coral Laboratories Ltd has shut its trading window from July 1, 2026, until 48 hours post the Q1FY26 results declaration, adhering to SEBI insider trading norms. The board meeting date for the unaudited standalone results will be announced later.

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Coral Laboratories Ltd has closed its trading window for all designated persons and their relatives from July 1, 2026, until 48 hours after the declaration of its unaudited standalone financial results for the quarter ending June 30, 2026. The closure is effective immediately to prevent insider trading in compliance with regulatory norms.

The trading window will reopen 48 hours after the results are announced. This measure aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct designed to regulate, monitor, and report trading by insiders.

The board meeting to consider the unaudited standalone financial results for the quarter ending June 30, 2026, will be intimated separately in due course. The company has informed designated persons and connected persons about the closure in accordance with its Code of Conduct.