K S Oils Limited has informed the Exchange regarding Notice of 38th Annual General Meeting (2023-24) to be held on September 29, 2025
Awaiting price reaction for this filing.
K.S. Oils Limited has notified the stock exchanges that its 37th and 38th Annual General Meetings will be held on Monday, September 29, 2025, via video conferencing — the 37th AGM at 11:00 a.m. and the 38th AGM at 4:00 p.m. The company is circulating the AGM notices along with the Annual Reports for FY 2022-23 and FY 2023-24 electronically to shareholders whose email IDs are registered. The e-voting window opens on September 26, 2025 (9:00 a.m.) and closes on September 28, 2025 (5:00 p.m.), with the book closure period running from September 22 to September 29, 2025. This filing comes against the backdrop of the company's acquisition by Sherisha Technologies Pvt. Ltd. through Soy-Sar Edible Pvt. Ltd. following an NCLT liquidation order in March 2022, with NCLT Indore approving the acquisition in February 2025. The stock exchanges have moved the company from 'Delisted' to 'Suspended' status effective May 5, 2025. Standalone financials show zero revenue from operations in both FY24 and FY23, with losses of Rs. 4,222 lakh in FY24 and Rs. 3,048 lakh in FY23.
This AGM marks a key step in the company's return to regulatory compliance under its new management after years of insolvency and liquidation proceedings. Shareholders should note that while the company is being reorganized, it remains loss-making with no operating revenue, and relisting on NSE/BSE is still pending. The AGM outcome, including approval of the long-pending annual financials, will be an important milestone to watch.