BCEIE › News › COASTCORP

Management change

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.

BCEIE News Desk · Published 14 Nov 2026, 02:16 pm IST · Filing received 14 Nov 2026, 02:00 pm IST

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%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261845.80.86
Q2 FY261603.70.55
Q3 FY263037.12.12
Q4 FY263259.91.48
Q1 FY2725411.61.73

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.

More on Coastal Corporation Limited