Annual Compliance Report under Regulation 24A of SEBI (LODR) for financial year ended 31 march, 2026.
Awaiting price reaction for this filing.
K S Oils Limited submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026, identifying 17 compliance violations. The violations include delayed submissions of quarterly compliance certificates, shareholding patterns, integrated filings, and audit reports spanning multiple years (FY 2017-18 to FY 2024-25). Additional issues include improper trading window closures, insufficient Audit Committee meetings (3 instead of required 4), and Related Party Transaction disclosure gaps. The company was delisted from NSE in April 2018 and BSE in May 2018 during IBC moratorium, and was later relisted with Suspended status from May 2025. The company has now become compliant post-acquisition by Soy-Sar Edible Private Limited, which was approved by NCLT in February 2025. No fines were imposed for any violations.
The company has successfully addressed its compliance backlog following acquisition and relisting. The violations, though numerous, were attributed to the extended delisting period and were not subject to any penalties. The stock remains in Suspended status pending full restoration, but current shareholders can expect improved governance going forward.