Compliance Certificate as per regulation 40(9) & (10) of SEBI (LODR) regulation 2015, for the year ended 2023.
Awaiting price reaction for this filing.
K S Oils Limited has submitted a compliance certificate under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended March 31, 2023. The certificate was issued by practicing company secretary M/s KRR & Company and confirms that no share transfer requests or requests for duplicate/exchange/split/consolidation of share certificates were received during FY2022-23. Filing is significantly delayed — the certificate is dated September 17, 2025, more than two years after the period it covers. The filing also notes that the company has been acquired by Soy-Sar Edible Private Limited.
This is a routine procedural compliance filing with no material impact on shareholders. However, the 2.5-year delay in submitting a one-year-old compliance certificate, combined with the noted acquisition by Soy-Sar Edible Private Limited, points to weak governance practices and minimal trading activity in the stock.