March 20, 2018 4:12 PM ET

IT Services

Company Overview of Coral Hub Limited

Company Overview

Coral Hub Limited, together with its subsidiaries, provides digital content, fund accounting, and e-commerce solutions in India. Its products and services include data capture and digitization, data conversion, e-publishing, digital library solutions, online book stores, classic books publishing, fund accounting services, customer application development, e-education, and on-line shopping plaza. The company provides its services under various domains, such as e-publishing and e-book conversion, e-education, print on demand conversion, and customized application development, as well as fund accounting services for hedge funds, mutual funds, private equity firms, insurance portfolios, and smal...

C-409 Solaris 1

Opp L&T Gate No. 6

Saki Vihar Road

Andheri East

Mumbai,  400072


Founded in 1994

84 Employees


91 22 2857 8240


91 22 2857 8239

Key Executives for Coral Hub Limited

Vice President of Finance & Accounts
Age: 47
Vice President of Operations
Age: 48
Managing Director of Basiz Fund Services
Technical Manager
Manager of Human Relations
Compensation as of Fiscal Year 2017.

Coral Hub Limited Key Developments

Coral Hub Ltd To Be Delisted From BSE, Effective August 23, 2017

Trading Members of the Bombay Stock Exchange (“BSE”) are hereby informed that the Coral Hub Ltd that has been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from August 23, 2017 pursuant to order of the Delisting Committee of the Exchange in terms of Section 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 (“Regulations”). Section 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that “If the securities is delisted under clause (1), the said securities shall be delisted from all recognized stock exchanges”. As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said company: The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of the company will be required to purchase the shares from the public shareholders as per the fair value determined by the independent valuer appointed by the Exchange, as mentioned in the Public Notice to be issued shortly. Further, in terms of Regulation 24 of Delisting Regulations, the delisted company, its whole-time directors, promoters and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the valuer, the following consequences of compulsory delisting would also apply: Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares; Freezing of equity shares and corporate benefits thereof held by the promoters/ promoter group; The promoters and whole-time directors of the Company shall not be eligible to become directors of any listed company. Further, the company would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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