Coral India Finance & Housing Ltd

AGM Details

• AGM: 11 Sep 2026, 11:00 IST, via VC/OAVM.
• Record date: 28 Aug 2026.
• Remote e-voting: 8–10 Sep 2026; cut-off 4 Sep 2026.
• E-voting access: NSDL portal.

Key Resolutions

• Ordinary Resolution: Adoption of Audited Standalone Financial Statements.
• Ordinary Resolution: Declaration of final dividend (subject to approval).
• Re-appointment of Mrs. Meeta Sheth as Non-Executive Director, liable to rotation.

Dividend

• Final dividend: ₹0.20 per equity share; record date 28 Aug 2026.
• Payable within 30 days if approved.
• Total payout estimated at ₹80.60 Lakhs.

Director Changes

• Meeta Sheth re-appointment as Director (resolved).
• No other director changes announced at the AGM.

Auditors

• Statutory auditors: Hasmukh Shah & Co. LLP; 5-year term to 33rd AGM (2027).

Material Related Party Transactions

• No material RPTs; all in ordinary course; quarterly Audit Committee review.

CSR & Other Approvals

• CSR expenditure for 2025-26: ₹40.00 Lakhs.
• CSR obligation: 2% of average net profit; ₹36.78 Lakhs.
• Excess CSR spend set-off: ₹3.22 Lakhs.
• ESOPs: No stock option scheme.

Financial snapshot

• Total income 2,048.42 Lakhs; revenue decline YoY 21.13%.
• PAT 1,478.62 Lakhs; EPS ₹3.67.
• Total assets 22,312.47 Lakhs; net worth 20,716.67 Lakhs.
• Current ratio 45.49x; cash and cash equivalents 1,973.43 Lakhs.
• Liquid assets 13,620.74 Lakhs; no debt on balance sheet.

Segment performance

• Investment segment dominates revenue; rental income 954.52 Lakhs.
• Investment income (excluding rental) 1,093.90 Lakhs; decline YoY 23.97%.
• Construction segment revenue zero; rental-based income recognized in Investment segment.
• Invest. segment profit 1,871.92; Construction loss -30.40; total PBT 1,723.35.

Dividend and returns

• Final dividend of ₹0.20 per equity share (10%), record date 28 Aug 2026.
• Dividend payable within 30 days post-AGM, subject to tax deduction.
• Previous dividend history available in Annual Report.

Governance and board

• Board consists of 6 directors; 3 independent; Neha Mehta joined 3 Sep 2025.
• Sheela Kamdar ceased independent director on 13 Sep 2025.
• Audit Committee chaired by Niraj Mehta; NRC chaired by Vinay Mehta since 2025.
• Secretarial Auditor: Uma Lodha & Co; Secretarial Compliance Report filed.

Liquidity and capital

• Debt-free; strong liquidity buffer with cash deposits.
• Unclaimed dividends ₹199,451; 45,785 shares moved to IEPF.
• Cash flow from operations ₹1,648.11; investing outflow ₹1,100.23; financing outflow ₹162.38.

CSR and sustainability

• CSR expenditure ₹40.00 Lakhs; required ₹36.78 Lakhs; excess 3.22 set-off.
• CSR policy focuses on healthcare, education, poverty elimination; 5-member CSR Committee.

Related party transactions

• RPTs reviewed quarterly; all in ordinary course; no material RPTs with promoters.
• Note 41 disclosures; transactions at arm's length; no conflicts.

Audit and compliance

• Statutory Auditor: Hasmukh Shah & Co. LLP; Secretarial Auditor: Uma Lodha & Co.
• No material audit qualifications; internal controls reviewed; disclosures filed.

Financial results

• Unaudited standalone IND AS results for quarter ended 30 June 2026 approved.

AGM

• 32nd AGM on 11 September 2026 via video conferencing.

Dividend

• Final dividend of 10% on equity shares for FY ended 31 March 2026; record date 28 August 2026.
• Dividend payable if approved by shareholders by 10 October 2026.

Auditor/regulatory

• Independent auditor Hasmukh Shah & Co. reviewed results; no material misstatement reported.

Meeting Details

• Board meeting scheduled for August 12, 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone financial results for the quarter ended June 30, 2026 will be considered.

Other Notes

• Trading window closed from July 1, 2026 to August 14, 2026.