We are hereby submitting the Annual Secretarial Compliance Audit Report pursuant to Regulation 24(A), for the Financial Year ending 31st March 2026
Awaiting price reaction for this filing.
Kome-On Communication Ltd has submitted its Secretarial Compliance Report for the financial year ending March 31, 2026. The company was under regulatory scrutiny after BSE suspended its equity shares on August 16, 2024, due to non-compliance with listing requirements. BSE subsequently issued a Show Cause Notice (SCN) on June 10, 2025, proposing compulsory delisting under SEBI regulations. The company responded on June 20, 2025, and received additional time from the Delisting Committee. On December 11, 2025, BSE granted a four-month period (up to April 2026) for the company to complete pending compliance. As of March 10, 2026, the company states it has complied with all pending statutory requirements. However, one remaining issue noted is that 100% of promoters' shareholding was not held in demat form, which the management has committed to rectify.
The company has narrowly avoided delisting by being granted additional time by BSE to comply with regulatory requirements. While the company claims full compliance as of March 2026, the unresolved demat issue for promoters' shares and the history of non-compliance suggest ongoing risks for investors.