COASTCORP

** Shares of Indian shrimp exporters rise between 3.5% and 8%

** Coastal Corporation COAS.NS up 3.5%, Avanti Feeds AVNT.NS gains 5.8% and Apex Frozen Foods APEX.NS climbs 8%

** Shares extend gains after U.S., India release interim framework for trade deal that lowers tariff rate on Indian exports to 18%

** U.S. is one of the largest international markets for Indian seafood exporters

** Since a trade deal was first announced on February 2, AVNT has climbed 35%, APEX has risen 27% and COAS is up about 15%

(Reporting by Nandan Mandayam in Bengaluru)

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** Shares of Indian seafood exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS and Coastal Corporation COAS.NS rise between 5% and 20%

** Stocks surge after India and U.S. enter a trade deal; U.S. to lower tariffs on India to 18%, remove 25% levy for purchase of Russian oil

** Indian seafood exporting firms had been hit by higher tariffs from the U.S. since last year; U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, APEX up 5.3%, AVNT down 3.8%, COAS up 0.75%

(Reporting by Surbhi Misra in Bengaluru)

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**Shares of Indian seafood exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS and Coastal Corporation COAS.NS rise between 2% and 5.3% ahead of India's federal budget

**India's government is expected to announce measures to support seafood exporters hit by U.S. tariffs

**India's Finance Minister Nirmala Sitharaman to present union budget at 11:00 a.m. IST today

**YTD, APEX up 4.7%, AVNT down 4.2%, COAS down nearly 2%

(Reporting by Mridula Kumar in Bengaluru)

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** Shares of Indian seafood exporters rise after India and EU sign trade deal

** EU will cut tariffs on 99.5% goods traded over seven years, with tariffs to be cut to zero on Indian marine goods

** Apex Frozen APEX.NS leads the pack, jumps 14%

** Avanti Feeds AVNT.NS up nearly 2% and Coastal Corporation COAS.NS gains 3%

** Indian seafood exporting firms have been hit by higher tariffs from the U.S. since last year; U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, AVNT is down 8%, APEX up 6.7%, COAS down 7.7%

(Reporting by Komal Salecha in Bengaluru)

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** Shares of Indian textile firms and seafood exporters jump on optimism on India–U.S. trade talks, and a likely India–EU trade deal

** Among textile firms, Trident TRIE.NS rises 3%, Vardhman Textiles VART.NS up 3.1%, Gokaldas Exports GOKL.NS climbs 5.3% and Welspun Living WLSP.NS jumps 6%

** Seafood exporters Apex Frozen Foods APEX.NS, Coastal Corporation COAS.MS and Avanti Feeds AVNT.NS trading higher by 3.4%, 2.4% and 6.4% respectively

** U.S. president Donald Trump signalled optimism on a bilateral trade deal with India, while speaking to Moneycontrol

** A India-EU trade deal is also on the cards, with a deal likely to be concluded in the next few days, Spain's Foreign Minister José Manuel Albares said on a visit to New Delhi on Wednesday

** United States is the biggest market for India's shrimp farmers and exporters; India also holds a 5%-6% share of EU's $125 billion worth of textiles and apparel imports

(Reporting by Anuran Sadhu in Bengaluru)

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May 19 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COMMERCIAL PRODUCTION OF ETHANOL PROJECT BY UNIT COMMENCED

Source text: ID:nBSE2SvNpr

Further company coverage: COAS.NS

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April 17 (Reuters) - Coastal Corporation Ltd COAS.NS:

• UNIT COASTAL BIOTECH EXPECTS INCREASED ETHANOL DEMAND DUE TO POLICY SHIFT

Source text: ID:nNSE99Xfk3

Further company coverage: COAS.NS

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** Shares of shrimp exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS Costal Corporation COAS.NS rise 5.2, 6.7% and 7.3% respectively

** U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs on Wednesday

** The three stocks had declined 6.9%, 14.8%, 13.9% up to Wednesday since Trump announced tariffs on April 2

** U.S. bought Indian seafood worth $2.55 billion in FY24, which mostly comprised of shrimp

** An unnamed government official told Reuters Thursday the tariff pause is especially a relief for shrimp exporters, citing an industry that faced a tariff disadvantage compared to competitors like Ecuador

(Reporting by Nandan Mandayam in Bengaluru)

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April 9 (Reuters) - Indian shrimp exporter Coastal Corporation COAS.NS said on Wednesday most of its U.S. buyers were willing to absorb the higher costs stemming from the new tariffs, but added it was also exploring increasing exports to China, Russia and Canada.

U.S President Donald Trump a 26% reciprocal tariff on India last week as part of sweeping duties imposed on countries across the world, stoking worries about the impact to trade and economic growth and sending stock markets into a tailspin.

"Our ongoing discussions with U.S. buyers suggest that the majority are willing to absorb the increased cost, ensuring continued demand and minimising potential disruption in the near term," Coastal Corp said in a statement.

The company, which also exports to regions such as Europe, Japan and South Korea, is now looking to expand its export base to China, Russia and Canada as well to reduce its reliance on a single geography.

The U.S. was the company's biggest buyer of shrimp in fiscal 2024, according to Costal Corp's latest annual report.

The world's largest economy also accounts for two-thirds of India's $7.4 billion worth of seafood shipments in fiscal 2024, data from the Marine Products Export Development Authority showed.

Coastal Corp's shares have dropped about 14% since Trump announced tariffs of 26% on India last Wednesday. Peers Apex Frozen Foods APEX.NS and Avanti Feeds AVNT.NS have declined 6.5% and 13.4%, respectively.

Coastal Corp, which has a market capitalisation of $27 million, clocked around $50 million in revenue last year, up about 23% from a year earlier.

($1 = 86.5060 Indian rupees)

(Reporting by Shivani Tanna in Bengaluru; Editing by Janane Venkatraman)

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** Shares of India's Apex Frozen APEX.NS, Zeal Aqua ZEAQ.BO, Coastal Corporation COAS.NS and Kings Infra Ventures KIVL.BO up between 4.4% and 9.3%

** India will introduce framework for sustainable harness of fisheries in the exclusive economic zone, Finance Minister Nirmala Sitharaman says in union budget

(Reporting by Manvi Pant in Bengaluru)

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Dec 23 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION - APPROVED SUBDIVISION OF SHARES IN 1:5 RATIO

Source text: ID:nNSEc1315c

Further company coverage: COAS.NS

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Dec 18 (Reuters) - Coastal Corporation Ltd COAS.NS:

• TO CONSIDER SHARE SPLIT

Source text: ID:nBSEbl6g5l

Further company coverage: COAS.NS

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Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION - DIVIDEND 1.2 RUPEES PER SHARE

Source text for Eikon: ID:nBSE5frLhV

Further company coverage: COAS.NS

** Avanti Feeds AVNT.NS, Coastal Corp COAS.NS and Apex Frozen APEX.NS gain between 2.7%-4%

** Financial support to set up nucleus breeding centres for financing and export will be facilitated, Finance Minister Nirmala Sitharaman says in 2024/25 union budget

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of India's fisheries stocks up between 5% and 8%

** Avanti Feeds AVNT.NS leads gains with 7.5% rise; BKV Industries BKVI.BO hits upper circuit of 5%

** India Finance Minister Nirmala Sitharaman in budget speech says government targets doublng seafood exports to 1 trillion rupees ($12.05 bln)

** Apex Frozen Foods APEX.NS rises 6%; Coastal Corporation COAS.NS shares up 8%

** BKVI rose 25% in Jan, highest among fisheries stocks; APEX rose least, gaining 13%

($1 = 82.9900 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

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May 30 (Reuters) - Coastal Corporation Ltd COAS.NS:

• COASTAL CORPORATION LTD - DIVIDEND 1.35 RUPEES PER SHARE

Source text for Eikon: [ID:]

Further company coverage: COAS.NS

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