Coastal Corporation Limited logo

Coastal Corporation Limited

Seafood processing and export company with a focus on shrimp products.

1981 Visakhapatnam, Andhra Pradesh (India) Active

About

Basic Data Updated:

25 days ago

Coastal Corporation Limited, previously known as Coastal Trawlers Ltd, is a renowned sea food processing company. The processing and export of frozen marine food products, particularly shrimps, are the main activities of the company. The product range of CCL includes various types of shrimps such as sea tiger, whites, pink brown, vannamei and black tiger. These high-quality shrimp products are exported to several countries including USA, Europe, Canada, UAE, Saudi Arabia, Australia, Hong Kong, Korea, China and Russia. The company's operations are carried out in two processing facilities situated in Andhra Pradesh. CCL takes pride in being certified by HACCP, BAP, BRC, USFDA and MPEDA, ensuring the highest standards of quality and safety.

Industry

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL63040AP1981PLC003047
Company No.003047
Stock Symbol BSE : 501831 NSE : COASTCORP
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date30 May 1981
Date of AGM28 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Vijayawada

Financials of Coastal Corporation Limited

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Coastal Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.4% decrease. The company also saw a substantial fall in profitability, with a 40.26% decrease in profit. The company's net worth Soared by an impressive increase of 19.83%.

Corporate Structure

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People in Coastal Corporation Limited

Executive Team (3)

  • SM

    Swaroopa Meruva Company Secretary

    Status: Current

  • GV

    Ganta Veeravenkata In CFO

    Status: Current

  • VT

    Valsaraj Thottoli In Managing Director

    Appointment Date: 30-May-1981

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹353.74 cr

₹102.54 cr

LenderAmountStatus

Bank Of India

Creation Date: 27 Dec 2022
₹9.40 MOpen

Axis Bank Limited

Creation Date: 26 Dec 2022
₹6.45 CrOpen

Hdfc Bank Limited

Creation Date: 28 Nov 2022
₹1.03 CrOpen

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Charges

    A charge registered on 15 Jul 2023 via Charge ID 100758059 with Bank Of India was fully satisfied on 02 Dec 2023.

    02 Dec 2023
  • Activity

    Charges

    A charge registered on 15 Oct 2013 via Charge ID 10454100 with Kotak Mahindra Bank Limited was fully satisfied on 10 Oct 2023.

    10 Oct 2023
  • Activity

    Annual General Meeting

    Coastal Corporation Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023
  • Activity

    Charges

    A charge registered on 27 May 2022 via Charge ID 100583440 with Bank Of India was fully satisfied on 01 Aug 2023.

    01 Aug 2023
  • Activity

    Charges

    A charge with Bank Of India amounted to Rs. 20.00 cr with Charge ID 100758059 was registered on 15 Jul 2023.

    15 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Coastal Corporation Limited?

Coastal Corporation Limited was incorporated 42 years 11 months ago on 30 May 1981 with Registrar of Companies Roc Vijayawada.

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