K S Oils Limited has informed the Exchange regarding Change in Auditors of the company.
Awaiting price reaction for this filing.
K S Oils Limited held a board meeting on August 12, 2025 and approved a long list of items including financial results spanning FY2017-18 through Q1 FY2025-26, appointment of Mr. Virendra Kumar Singhvi as Executive Director for 5 years, appointment of M/s NJG & Co. as new statutory auditors for 5 years, and M/s RPA & Partners as secretarial auditor for 5 years. The company also approved shifting its registered office to another state and is convening nine AGMs (31st to 39th) in September 2025 to clear a multi-year backlog. The filing is filed alongside a clarification that corrects clerical errors in an earlier disclosure. K S Oils was acquired by Soy-Sar Edible Private Limited through the NCLT liquidation process and is transitioning from delisted to suspended status pending relisting on BSE and NSE.
This filing represents a major corporate reset after the company's NCLT-driven acquisition by Soy-Sar Edible. Shareholders should view it as a procedural catch-up exercise by the new management rather than new business news, with stock price reaction likely tied to actual relisting approval and future operations. Note that the new board disclaims responsibility for any irregularities by the prior management during the insolvency period.