KSOILSNSEK S Oils Limited· Solvent ExtractionLowNeutral
Announced Fri, 26 Sept · 18:38 IST

K S Oils Limited has informed the Exchange a copy Srutinizers report along with voting result of 36th Annual General Meeting for FY 2021-22.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

K S Oils Limited (now acquired by Soy-Sar Edible Private Limited) submitted the voting results and Scrutinizer's report for its 36th Annual General Meeting held on September 26, 2025, conducted via video conferencing. Only one Ordinary Resolution was put to vote — adoption of the Audited Standalone Financial Statements for the financial year ended March 31, 2022 (FY 2021-22). Out of the total valid votes cast, 24,04,124 votes (95.68%) were in favour and 1,08,512 votes (4.32%) were against the resolution. The resolution was passed with the requisite majority. Notably, there were 126,685 shareholders on record as of the cut-off date, but only 38 public shareholders attended through video conferencing and no promoter group shareholders were present.

Likely market impact

The AGM formality has been completed with overwhelming shareholder approval (95.68% in favour), but the fact that this AGM covers FY 2021-22 — held in September 2025 — highlights significant delays in compliance and corporate governance timelines, which is a concern for shareholders and may raise questions about the company's financial reporting practices.