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Coastal Roadways Ltd logo

Coastal Roadways Ltd

NSE: BSE: 520131

₹34.88

(5.00%)

Sat, 30 May 2026, 11:06 am

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Company History

1968

  • The company was incorporated as a public limited company on September 18th.
  • The company was promoted by Madhan Gopal Todi, Krishna Kumar Todi and Kanhaiya Kumar Todi.
  • The company started surface transportation of goods with a fleet of 90 vehicles and a total carrying capacity of 1605 tonnes.
  • The company also deployed 250 trucks on a hired basis, increasing the capacity to 4,105 tonnes.
  • The company diversified into container traffic to offer value-added benefits to customers.
  • The company proposed to acquire a further fleet of 50 trailers with a capacity of 14 tonnes each.

1994

  • The company proposed to enter into coastal shipping to meet the requirement arising out of coastal trade.
  • Proposals for starting ro-ro services were considered.
  • The company offered 20,00,000 equity shares at a premium of Rs 10 per share.
  • Negotiations were held for shipping in coastal areas to meet the requirement in coastal trade.
  • Plans were made to introduce new sylo type PVC containers to cater to the growing demand.

2007

  • Sri. A C Chakrabortti was appointed as a Director of Coastal Roadways Ltd from September 25, 2006.

2008

  • The company recommended a dividend of 5%, subject to approval of shareholders.

2011

  • The company recommended a dividend of 9%, subject to approval of shareholders.

2012

  • The company recommended a dividend of 9%, subject to approval of shareholders.