Coastal Corporation Limited has intimated the Exchange regarding non - applicability of Large Corporate Disclosure.
COASTCORP · price
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Coastal Corporation Limited has informed the stock exchange that the Large Corporate Disclosure requirements do not apply to the company. Under SEBI norms, companies meeting certain borrowing or asset thresholds are classified as Large Corporates and must make additional disclosures regarding borrowing and environmental, social, and governance (ESG) spending. The company has confirmed it falls below these thresholds and is therefore exempt from this disclosure obligation for the relevant period.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company does not meet the Large Corporate classification criteria, meaning it is a smaller company by SEBI's defined metrics.