Quarterly Result28 May 2026, 10:29 pm
Kome-On Communication Board Approves FY26 Results & ₹2 Cr Loan
AI Summary
The Board of Directors of Kome-On Communication Ltd, at its meeting on May 28, 2026, approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The company also secured an unsecured loan facility of ₹2,00,00,000/- (Rupees Two Crore Only) from Avance Ventures Private Limited. This loan, carrying an interest rate of 2% per month for a tenure of 5 years, is designated for business and working capital requirements. The independent auditor provided an unmodified opinion on the financial results.
Key Highlights
- Board approved Audited Standalone Financial Results for Q4 and FY26.
- Company secured a ₹2 crore unsecured loan from Avance Ventures.
- Loan features a 2% monthly interest rate over a 5-year tenure.
- Funds are allocated for business and working capital needs.
- Auditors issued an unmodified opinion on the financial results.
Price Impact
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