Latest news about Coral Laboratories
Coral Laboratories
639.95
+18.45(+2.97%)
Company Performance:
View Company Insights1D+2.97%
1M+37.42%
6M+35.63%
1Y+10.12%
5Y+34.44%
More news about Coral Laboratories
07May 26
Coral Laboratories Re-appoints Mr. Malay Doshi as Independent Director via Postal Ballot E-Voting
Coral Laboratories Limited passed a special resolution for the re-appointment of Mr. Malay Doshi (DIN: 09186000) as an Independent Director through postal ballot e-voting concluded on May 6, 2026. Out of 3,572,600 total shares held, 2,644,914 votes were polled, representing 74.03% of outstanding shares. Of the votes polled, 2,644,903 (100.00%) were in favour and only 11 (0.00%) were against, with no invalid votes recorded. The results were submitted to BSE Limited on May 7, 2026, as per Regulation 44 of the SEBI LODR Regulations, 2015.
27Apr 26
Coral Laboratories Receives MSMED Notice Over ₹2.05 Lakh Payment Dispute
Coral Laboratories Limited received a notice under Section 18 of the MSMED Act, 2006 from MSEFC Surat regarding alleged non-payment of ₹204,853.20 to M/s Power Cool Service. The dispute involves contractual claims related to work execution, scope, billing and payment issues. The company believes the claims are not tenable and plans to contest them while reviewing appropriate legal steps.
23Apr 26
Coral Laboratories Appoints Mr. Diwakar Unnikrishna Menon as Company Secretary and Compliance Officer
Coral Laboratories Limited has appointed Mr. Diwakar Unnikrishna Menon (ACS: 8791) as Company Secretary and Compliance Officer effective April 30, 2026. The appointment was approved by the Board of Directors on April 23, 2026, based on the Nomination and Remuneration Committee's recommendation. Mr. Menon brings over 33 years of experience in compliance, legal, and industrial safety, having worked with reputed organizations like Godrej group and L&T group. The company confirmed he is not debarred by any regulatory authority and is not related to any directors, key managerial personnel, or promoters.
15Apr 26
Coral Laboratories Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026
Coral Laboratories Limited filed its quarterly SEBI compliance certificate for Q4 FY26 with BSE Limited on April 15, 2026. The certificate under Regulation 74(5) was provided by registrar MUFG Intime India Private Limited, confirming proper dematerialisation processes and adherence to prescribed timelines for securities handling during the quarter ended March 31, 2026.
06Apr 26
Coral Laboratories Issues Postal Ballot Notice for Independent Director Re-appointment
Coral Laboratories has sent a postal ballot notice to shareholders for e-voting on the re-appointment of Mr. Malay Doshi as Independent Director for a second five-year term from May 27, 2026 to May 26, 2031. The e-voting period runs from April 7 to May 6, 2026, with results to be declared by May 8, 2026, facilitated by NSDL platform and scrutinized by M/s SARK & Associates LLP.
24Mar 26
Coral Laboratories Completes Capacity Expansion at Dehradun Plant, Commences Commercial Operations
Coral Laboratories Ltd successfully completed capacity expansion of its General Pharmaceuticals Formulation (Ointment) unit at Dehradun plant to 360,000 kgs capacity. The company commenced commercial operations at the expanded facility, following the initial announcement made on October 13, 2025. This expansion enhances the company's manufacturing capabilities in pharmaceutical formulations.
13Feb 26
Coral Laboratories Q3FY26 Results: Net Profit Declines 54.84% to ₹277.55 Lakhs
Coral Laboratories Limited reported challenging Q3FY26 results with net profit declining 54.84% to ₹277.55 lakhs and revenue dropping 6.19% to ₹2156.42 lakhs compared to the same quarter last year. The nine-month performance was even weaker, with net profit falling 47.70% to ₹1115.74 lakhs and revenue declining 31.60% to ₹5942.04 lakhs. Higher material costs and increased operational expenses contributed to the margin pressure, while earnings per share dropped to ₹7.77 from ₹17.20 in Q3FY25.
30Dec 25
Coral Laboratories Company Secretary and Compliance Officer Resigns Effective January 31, 2026
Coral Laboratories has announced the resignation of Mrs. Dhwani Desai from her position as Company Secretary and Compliance Officer, effective January 31, 2026. She is stepping down to pursue another career opportunity, and the Board has accepted her resignation. Following her departure, Mrs. Desai will also cease to be Key Managerial Personnel of the company. The pharmaceutical company has complied with SEBI disclosure requirements by informing BSE Limited of this personnel change.
13Oct 25
Coral Laboratories Approves ₹30 Crore Capacity Expansion at Dehradun Plant
Coral Laboratories Limited has approved a capacity expansion project at its Dehradun plant, aiming to triple ointment manufacturing capacity from 180,000 kgs to 540,000 kgs. The ₹30 crore investment, to be financed through bank overdraft and internal accruals, is expected to complete in 6 months. The expansion addresses growing demand in domestic and international markets, with current capacity utilization at 80%. The company aims to meet captive demand, support sales growth, and facilitate overall business expansion.
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