Coral India Finance & Housing logo

Coral India Finance & Housing MD, chairman, board of directors and AGM

NSE: CORALFINACBSE: 531556Commercial Services & SuppliesSmall Cap

Last close ₹27.20down ₹0.41 (1.49%)BSE ₹27.96

Share price at the NSE close on 23 Oct 2026. Previous close ₹27.61.

52-week range of traded prices to 23 Oct 2026
₹25.01Low, 30 Mar 2026₹46.54High, 2 Dec 2025
Market cap
₹110 Cr2,688th largest listed
P/E
7.6
P/B
0.5
Dividend yield
0.74%
ROE
6.7%
ROCE
5.4%
Debt to equity
0.00
Volume, NSE
10,52086.8% delivered

Coral India Finance & Housing board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorNAVIN BACHUBHAI DOSHIRelated to the promoter
  • Company Secretary and Compliance OfficerRiya Shah

6 directors3 independent2 executive1 non-executive

  • NAVIN BACHUBHAI DOSHI · Chairperson and managing directorExecutive · joined Aug 2015 · reappointed Aug 2023 · 1 listed board
  • KISHOR RAVINDRARAY MEHTAExecutive · joined Jul 2020 · reappointed Jun 2023 · 1 listed board · 1 committee seat
  • MEETA SAMIR SHETHNon-executive · joined May 2019 · reappointed May 2019 · 1 listed board · 3 committee seats
  • NIRAJ ANILKUMAR MEHTAIndependent · joined Jul 2020 · reappointed Jul 2025 · 74 months as independent · 1 listed board · 1 as independent · 3 committee seats, 3 as chair
  • VINAY NITIN MEHTAIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • NEHA RAVIKUMAR MEHTAIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • SHEELA RUPESH KAMDAR, left 13 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 20266 of 6 present3 independent · 78 days in between
    • 25 May 20266 of 6 present3 independent

  • Audit Committee

    Chair NIRAJ ANILKUMAR MEHTA

    MEETA SAMIR SHETH, VINAY NITIN MEHTA, NEHA RAVIKUMAR MEHTA

    • 12 Aug 20264 of 4 present3 independent · 78 days in between
    • 25 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair VINAY NITIN MEHTA

    NIRAJ ANILKUMAR MEHTA, MEETA SAMIR SHETH, NEHA RAVIKUMAR MEHTA

    • 25 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair NIRAJ ANILKUMAR MEHTA

    MEETA SAMIR SHETH, VINAY NITIN MEHTA, KISHOR RAVINDRARAY MEHTA, NEHA RAVIKUMAR MEHTA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair VINAY NITIN MEHTA

    NIRAJ ANILKUMAR MEHTA, MEETA SAMIR SHETH, KISHOR RAVINDRARAY MEHTA, NEHA RAVIKUMAR MEHTA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Hasmukh Shah & Co. LLPPeer-review certificate valid to May 2029

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Coral India Finance & Housing AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Coral India Finance & Housing dividend history

Annual general meeting, 11 Sep 2026

14,875 shareholders on the register on 4 Sep 2026; present: 5 promoters and 53 others; votes counted by UMA LODHA / UMA LODHA & CO..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company as at March 31, 2026 together with the Report of Board of Directors and the Auditors thereon.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.68%

    Turnout: all 75.31% · promoters 100.00% · institutions 23.67% · other public 0.79%

  2. To declare dividend on equity shares for the financial year ended March 31, 2026 @ 10% on face value of ₹ 2/- each i.e. 20 paise per equity share
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.68%

    Turnout: all 75.31% · promoters 100.00% · institutions 23.67% · other public 0.79%

  3. Re-appointment of Mrs. Meeta Sheth as a Director, liable to retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.77%

    Turnout: all 75.31% · promoters 100.00% · institutions 23.67% · other public 0.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 5 resolutions

16,314 shareholders on the register on 22 Sep 2025; present: 3 promoters and 47 others; votes counted by UMA LODHA / UMA LODHA & CO..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company as at March 31, 2025 together with the Report of Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 75.32% · promoters 100.00% · institutions 24.21% · other public 0.79%

  2. To declare dividend on equity shares for the financial year ended March 31, 2025 @ 20% on face value of ₹ 2/- each i.e. 40 paise per equity share
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 75.32% · promoters 100.00% · institutions 24.21% · other public 0.79%

  3. To appoint a Director in place of Mr. Kishor Mehta (DIN: 00235120), who retires by rotation and being eligible, offers himself for re- appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 75.32% · promoters 100.00% · institutions 24.21% · other public 0.79%

  4. To appoint Ms. Neha Mehta (DIN: 11270901) as a Director in the capacity of Non-Executive Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 75.32% · promoters 100.00% · institutions 24.21% · other public 0.79%

  5. To appoint Mrs. Uma Lodha of M/s Uma Lodha & Co., Practicing Company Secretaries, as the Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 75.32% · promoters 100.00% · institutions 24.21% · other public 0.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 16 Jul 2025, 1 resolution

16,453 shareholders on the register on 9 Jul 2025; present: 5 promoters and 61 others; votes counted by UMA LODHA / UMA LODHA & CO..The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Niraj Mehta (DIN: 02667671) as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.32%

    Turnout: all 75.30% · promoters 100.00% · institutions 24.84% · other public 0.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Aug 2024, 5 resolutions

Present: 5 promoters and 106 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company as at March 31, 2024 together with the Report of Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.39% · promoters 100.00% · institutions 24.84% · other public 0.91%

  2. To declare dividend on equity shares for the financial year ended March 31, 2024 @ 20% on face value of ¿ 2/- each i.e. 40 paise per equity share.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.39% · promoters 100.00% · institutions 24.84% · other public 0.91%

  3. To appoint a Director in place of Mrs. Meeta Sheth (DIN: 00278939), who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.39% · promoters 100.00% · institutions 24.84% · other public 0.91%

  4. To appoint Mr. Vinay Mehta (DIN: 10685004)nas a Director in the capacity of Non-ExecutivenIndependent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 75.39% · promoters 100.00% · institutions 24.84% · other public 0.91%

  5. To approve annual remuneration payable to Mrs. Meeta Sheth, Non–Executive Director of the Company
    SpecialPromoters have an interest in it
    55.42% for44.58% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.18%

    Turnout: all 0.39% · promoters 0.00% · institutions 24.84% · other public 0.91%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Jul 2023, 6 resolutions

Present: 5 promoters and 82 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company as at March 31, 2023 together with the Report of Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.74% · promoters 100.00% · institutions 0.00% · other public 2.99%

  2. To declare dividend on equity shares for the financial year ended March 31, 2023 @ 15% on face value of ₹ 2/- each i.e. 30 paise per equity share.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.74% · promoters 100.00% · institutions 0.00% · other public 2.99%

  3. To appoint a Director in place of Mr. Kishor Mehta (DIN: 00235120), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.68% · promoters 100.00% · institutions 0.00% · other public 2.77%

  4. To approve the reappointment of Mr. Navin Doshi (DIN: 00232287) as the Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.74% · promoters 0.00% · institutions 0.00% · other public 2.99%

  5. Re-appointment of Mr. Kishor Mehta (DIN: 00235120) as a Whole-time Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.68% · promoters 100.00% · institutions 0.00% · other public 2.77%

  6. To approve annual remuneration payable to Mrs. Meeta Sheth, Non–Executive Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 16.85% · promoters 21.49% · institutions 0.00% · other public 2.99%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 5 Aug 2022, 5 resolutions

Present: 5 promoters and 74 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company as at March 31, 2022 together with the Report of Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.48% · promoters 100.00% · institutions 0.00% · other public 6.04%

  2. To declare dividend on equity shares for the financial year ended March 31, 2022 @ 15% on face value of ₹ 2/- each i.e. 30 paise per equity share.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 76.48% · promoters 100.00% · institutions 0.00% · other public 6.04%

  3. To appoint a Director in place of Mrs. Meeta Sheth (DIN: 00278939), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.01% · promoters 99.37% · institutions 0.00% · other public 6.04%

  4. To appoint Hasmukh Shah & Co. LLP as the Statutory Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.48% · promoters 100.00% · institutions 0.00% · other public 6.03%

  5. To approve annual remuneration amount of Mrs. Meeta Sheth, Non–Executive Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.01% · promoters 99.37% · institutions 0.00% · other public 6.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Dec 2021, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for granting loan to M/S Bezel Pharma Private Limited, being a related party transaction.
    SpecialPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 2.77% · promoters 0.00% · institutions 0.00% · other public 11.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Aug 2021, 7 resolutions

Present: 5 promoters and 53 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the Financial Year endednMarch 31, 2021 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  2. To Declare Dividend on Equity shares for the financial year ended March 31, 2021 @ 25% on face value of ₹ 2 each i.e. 50 paise per equity share
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  3. Re-appointment of Mr. Navin Doshi (DIN: 00232287) who retires by rotation and beingneligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  4. To approve remuneration payable to Mr. Navin Doshi (DIN: 00232287), Managing Directornof the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  5. To approve remuneration payable to Mrs. Meeta Sheth (DIN: 00278939), Non- executivenDirector of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  6. Appointment of Mr. Kishor Mehta (DIN: 00235120) as a Whole-time Director of thenCompany
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

  7. To alter the Article of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.76% · promoters 100.00% · institutions 0.00% · other public 3.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.