K S Oils Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Awaiting price reaction for this filing.
K S Oils Limited has informed the stock exchanges that Sonali Overseas Private Limited (SOPL) is acquiring a 23.19% stake (3,75,04,086 equity shares) in Soy-Sar Edible Private Limited (SSEPL), which is the holding company of K S Oils Limited. The acquisition is from Refex Holding Private Limited at a price of Rs. 5.365 per share, for a total cash consideration of about Rs. 20.12 crore. The transaction is a related-party deal (promoters have interest in SOPL) and is being done at arm's length. K S Oils itself is not directly a party to the deal; only the shareholding of its holding company is being restructured to consolidate the edible oil business. The target completion date was December 31, 2025.
K S Oils Limited is not directly involved in this transaction — it is a restructuring at the holding company level, so day-to-day operations of K S Oils are unlikely to change. However, a change in control/shareholding at the parent level can eventually affect the listed entity's promoter structure and may be relevant to shareholders monitoring ultimate ownership.