34th Annual Report (2019-20) of the Company
Awaiting price reaction for this filing.
K S Oils Limited has filed its 34th Annual Report along with the notice for its 33rd and 34th AGMs, both scheduled for September 17, 2025, to be held via video conferencing. The company has had a turbulent history — it entered Corporate Insolvency Resolution Process (CIRP) in July 2017, was put into liquidation by NCLAT in March 2021, and was subsequently acquired by Soy-Sar Edible Private Limited (SPV of Sherisha Technologies Pvt Ltd) after a NCLT Indore Bench approval in February 2025. Its shares were earlier delisted by NSE and BSE in April-May 2018, but the delisting has now been withdrawn and the status changed to 'Suspended' with effect from May 5, 2025, as the company works towards relisting compliance. Financially, the company reported zero revenue from operations in FY 2019-20, with total expenses of Rs 3,829 lakhs, leading to a net loss of Rs 3,783 lakhs (EPS of negative Rs 0.82), a wider loss compared to Rs 3,472 lakhs in FY 2018-19.
For shareholders, this filing confirms the company is working towards reviving its listed status after being acquired out of liquidation, but operational performance remains negligible with no revenue and continued losses. The relisting process is positive, but investors should note the company is effectively being restarted under new management and financial track record remains deeply negative.