Coral Laboratories Approves Remuneration Increase for Officer and Prepares Postal Ballot Notice
Coral Laboratories Ltd announced that its board, during a meeting held on June 18, 2026, approved the proposal regarding an increase in remuneration for Ms. Meera Doshi, who holds office within the company. The company also prepared a Postal Ballot Notice to seek necessary approval from shareholders concerning this matter.The Board meeting took place on Thursday and spanned from 11:45 a.m. to 12:30 p.m., concluding with the formal consideration and approval of the key operational and governance decisions.
The increase in remuneration for Ms. Meera Doshi, who serves in a capacity that holds office or is otherwise involved in the management of the company, was approved by the board members present at the meeting. The subsequent preparation of the Postal Ballot Notice indicates that shareholder consultation regarding this compensation adjustment is forthcoming.
Stock Price Movement
As of 12:46, shares of Coral Laboratories Ltd are edging higher by 0.23% as the stock trades at ₹504.90. The equity has seen notable volatility throughout the session, having tested a low near ₹495.00 before reaching its current high at ₹504.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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