Quarterly Result28 May 2026, 09:10 pm
Kome-On Communication Approves FY26 Results & Secures 2 Cr Loan
AI Summary
Kome-On Communication Ltd's Board of Directors approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditor issued an unmodified opinion on these financial results. Concurrently, the Board also approved an unsecured loan facility of 2,00,00,000/- (Rupees Two Crore Only) from Avance Ventures Private Limited. This loan is intended for business and working capital requirements, carries an interest rate of 2% per month, and has a tenure of 5 years.
Key Highlights
- Board approved Audited Standalone Financial Results for Q4 and FY26.
- Statutory Auditor issued an unmodified opinion on the financial results.
- Company secured a 2 crore unsecured loan from Avance Ventures Private Limited.
- The loan carries a 2% monthly interest rate and has a 5-year tenure.
- Funds are designated for business and working capital requirements.
Price Impact
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