StockWatch
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Pharmaceuticals
Board Meeting18 Jun 2026, 12:40 pm

Coral Laboratories Board Approves Remuneration Hike, Postal Ballot

AI Summary

Coral Laboratories Ltd announced the outcome of its board meeting held on June 18, 2026. The board approved a proposal to increase the remuneration of Ms. Meera Doshi, who holds an office or place of profit within the company. Additionally, the board approved the issuance of a Postal Ballot Notice to seek shareholder approval for this and potentially other matters. The meeting was brief, lasting from 11:45 a.m. to 12:30 p.m.

Key Highlights

  • Board approved increase in remuneration for Ms. Meera Doshi.
  • Postal Ballot Notice to be issued for shareholder approval.
  • Meeting focused on corporate governance and executive compensation.
  • Outcome signifies internal management adjustments.