37th Annual Report (2022-23) of the Company
Awaiting price reaction for this filing.
K.S. Oils Limited has submitted its 37th Annual Report for FY 2022-23 along with notices for both the 37th and 38th Annual General Meetings, both scheduled for Monday, September 29, 2025 (37th AGM at 11:00 AM, 38th AGM at 4:00 PM) via video conferencing. The book closure period runs from September 22 to September 29, 2025, with remote e-voting open from September 26 to September 28, 2025. The newly reconstituted board is presenting this report after the company emerged from insolvency — NCLT ordered liquidation in March 2022, and the company was acquired by Sherisha Technologies Pvt Ltd through Soy-Sar Edible Pvt Ltd (SPV), with NCLT Indore approving the acquisition on February 3, 2025. The company's stock exchange status changed from 'Delisted' to 'Suspended' effective May 5, 2025, and relisting is being pursued. For FY 2022-23, the company had zero revenue from operations, other income of Rs. 210 Lakhs, total expenses of Rs. 3,258 Lakhs, and a net loss of Rs. 3,048 Lakhs (EPS of -0.66).
Shareholders should note the AGM and e-voting dates and review the annual report, as a reconstituted board is now in place following the acquisition by Sherisha Technologies/Soy-Sar Edible. The shift from 'Delisted' to 'Suspended' status signals potential relisting in the future, which could be a significant development for shareholders who have held shares through the insolvency process.