Coastal Corporation Kambhampati Haribabu as an appointed
Coastal Corporation (COASTCORP) said Kambhampati Haribabu as an has been appointed; and Kambhampati Hari Babu has been appointed. The company is valued at about ₹249 crore.
What happened
In a filing with the BSE on 14 November 2026 at 02:00 PM, Coastal Corporation (COASTCORP) said that Kambhampati Haribabu as an has been appointed; and Kambhampati Hari Babu has been appointed.
From the filing: "The Board approved the appointment of Dr."
Company snapshot
Coastal Corporation is a micro-cap company, with a market value of about ₹249 crore.
The stock last traded at ₹37.12, against a 52-week range of ₹32–₹66.7 (44.4% below the high).
Before this filing the shares had moved +1.8% over the month and −11.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.37 crore.
Promoters held 42.30% at the end of Q1 FY27. Foreign institutions owned 1.05% and domestic institutions 1.03%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 184 | 5.8 | 0.86 |
| Q2 FY26 | 160 | 3.7 | 0.55 |
| Q3 FY26 | 303 | 7.1 | 2.12 |
| Q4 FY26 | 325 | 9.9 | 1.48 |
| Q1 FY27 | 254 | 11.6 | 1.73 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 4,556 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 14 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.