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 2024-25 & Q1 FY 25-26

K S Oils Limited, which was under liquidation and was acquired as a going concern by Soy-Sar Edible Private Limited via NCLT order dated Feb 3, 2025, has cleared a massive pile-up of pending financial results in a single board meeting on Aug 12, 2025. The results cover audited yearly and unaudited quarterly standalone numbers from FY2017-18 through Q1 FY2025-26, showing zero revenue from operations across the reported periods, with losses of Rs 4,222 lakhs in FY2023-24 and continuing quarterly losses of Rs 535 lakhs in Q1 FY2024-25 and Q2 FY2024-25. The statutory auditor (Devesh Parekh & Co.) issued reports with an Emphasis of Matter regarding the going concern acquisition, and the company also filed a statement of impact of modified opinion. Additionally, the board appointed M/s NIG & Co. as new statutory auditors for 5 years, appointed Mr. Virendra Kumar Singhvi as Executive Director, and approved notices for AGMs from 31st to 39th to catch up on years of non-compliance.