K S Oils Limited has informed the Exchange about the Board Meeting held on August 12, 2025 to consider and approved the unaudited & Audited (Standalone) Financial Results for 2019-20

K S Oils Limited, now acquired by Soy-Sar Edible Private Limited (SEPL) via an NCLT-approved sale as a going concern, has approved a massive catch-up of unaudited and audited financial results spanning from FY 2017-18 through Q1 FY 2025-26. The company went into Corporate Insolvency Resolution Process (CIRP) in 2017, was delisted in 2018, and was sold to SEPL with NCLT approval in February 2025. Status on exchanges changed from 'Delisted' to 'Suspended' effective May 5, 2025. The auditor issued a Disclaimer of Opinion, noting net worth eroded to negative Rs 2,74,689 lakhs, continuous losses, unsecured status of bank loans of Rs 1,52,770 lakhs, and inability to verify receivables/payables. The new management appointed M/s NIG & Co. as new statutory auditors, a new executive director (Mr. Virendra Kumar Singhvi), and a secretarial auditor, and is convening AGMs from 31st to 39th to regularize years of pending shareholder approvals.