ALPHA TRIBE

COSMO FIRST LIMITEDOthers, 21-05-2025: Copy of Newspaper Publication

21-05-2025 | 04:14 pm

Cosmo First has announced a board meeting to consider the financial results for the quarter and half-year. The company’s Review Committee identified M/s Ultra Home Construction Pvt. Ltd. and M/s Amrapali Smart City Developers Pvt. Ltd., along with some directors, as wilful defaulters due to confirmed fund diversion and non-repayment despite sufficient capacity. One guarantor, Shri Madan Mohan Sharma, was excluded from this classification. Cosmo First reported revenue of Rs. 2,895 Cr and net profit of Rs. 133 Cr for FY 24-25, with the board proposing a dividend of Rs. 4 per share.

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