36th Annual Report (2021-22) of the Company
Awaiting price reaction for this filing.
K.S. Oils Limited has filed the 36th Annual Report for FY 2021-22 along with the notice for its 35th and 36th Annual General Meetings, both scheduled for Friday, September 26, 2025, held via video conferencing. The filings reveal the company's turbulent history: it underwent Corporate Insolvency Resolution Process (CIRP) from July 2017, was put into liquidation by NCLAT in March 2022, and was acquired as a going concern by Sherisha Technologies Pvt Ltd through its SPV Soy-Sar Edible Pvt Ltd, with the NCLT approving the acquisition in February 2025. Financially, the company reported zero revenue from operations in FY 2021-22, only Rs. 64 lakhs in other income, and a net loss of Rs. 3,402 lakhs against expenses of Rs. 3,466 lakhs, resulting in an EPS of negative Rs. 0.74. BSE and NSE had delisted the stock in April-May 2018 during the moratorium period, but following the acquisition, the exchanges withdrew the delisting on May 5, 2025, changing the status to 'Suspended' as the company works toward relisting compliance.
Shareholders should note this is essentially a back-from-liquidation story — the stock is currently in 'Suspended' status on BSE/NSE and may eventually be relisted once compliance is met. The company has no operating revenue and continues to post large losses, so any investment decision should weigh the high-risk revival narrative against the weak financials. Shareholders as of September 19, 2025 will be eligible to vote at the AGMs and should participate in the e-voting window from September 23-25, 2025.