Coral India Finance & Housing Ltd

Coral India Finance & Housing Limited Trading Window Closure: Oct 01, 2026 to 48 hours after the unaudited standalone results for the quarter and half year ended September 30, 2026.

Coral India Finance & Housing Ltd: Closure of trading window from Oct 01, 2026 till 48 hours after the declaration of unaudited standalone financial results for the quarter and half year ended September 30, 2026

AGM details

• AGM held on Friday, September 11, 2026 at 11:00 a.m. IST via VC/OAVM.
• AGM concluded at 11:24 a.m. IST.
• Remote e-voting from Sept 8–10, 2026; AGM e-voting extended 15 minutes post-meeting.
• Quorum achieved via VC; Promoters 5, Public 53 attendees.

Key resolutions

• Ordinary: adopt Audited financial statements and reports for year ended March 31, 2026.
• Ordinary: declare dividend on equity shares for FY2025-26 at 10% of face value.
• Ordinary: re-appoint Mrs Meeta Sheth (DIN 00278939) retiring by rotation.

Voting results

• All resolutions passed with overwhelming majority; in-favour well over 99% of votes polled.

Dividend

• Dividend declared: 20 paise per equity share (₹0.20).

Director changes

• Meeta Sheth re-appointed as Director via ordinary resolution.

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.