Coastal Corporation Ltd. has informed that the Board of Directors of the Company at its meeting held
on July 18, 2015, has approved the appointment of Shri M.V. Suryanarayana as an Independent Director of the company for 5 years subject to the approval of the Shareholders at the Annual General Meeting of the
Company. The company also approved appointment of shri. o.s. Rama Rao as the chief Financial Officer of the Company.