K S Oils Limited has informed the Exchange regarding Change in Director(s) of the company.
Awaiting price reaction for this filing.
K S Oils Limited's board, which met on August 12, 2025, cleared a large set of items in a single sitting. The company approved and filed years of pending standalone financial results covering FY2017-18 through Q1 FY2025-26. Results show zero revenue from operations and a net loss of Rs 688 lakh for Q1 FY26, with a wider Rs 2,667 lakh loss for FY25. The board appointed Mr. Virendra Kumar Singhvi (DIN: 00028824) as Executive Director for five years, M/s NJG & Co. as statutory auditors for five years, and M/s Ranjeet Pandey & Associates as secretarial auditors for five years. The board also approved shifting the registered office to another state, issued notices for nine pending AGMs (31st through 39th), and appointed a scrutinizer for e-voting. The filing is part of post-acquisition cleanup, as the company was bought by Soy-Sar Edible Private Limited in December 2023 after years of CIRP and liquidation, and its shares are currently in 'Suspended' status on BSE and NSE.
Shares are currently suspended on BSE and NSE, so no immediate price impact. The appointments and back-filing of years of results point to the new management working toward regulatory compliance and possible relisting, but the company continues to report losses with no operating revenue, so investors should watch for revival of actual business activity.