K S Oils Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2025
Awaiting price reaction for this filing.
K S Oils Limited has informed the exchanges about its 37th and 38th Annual General Meetings, both scheduled for Monday, September 29, 2025, to be held via video conferencing at 11:00 a.m. and 4:00 p.m. respectively. The meetings will cover adoption of audited financial statements and related business. Book closure runs from September 22 to September 29, 2025, and remote e-voting is open from September 26 to September 28, 2025. Notably, the company went through Corporate Insolvency Resolution Process (CIRP) from July 2017, was liquidated by NCLAT order in March 2022, and was later acquired by Soy-Sar Edible Private Limited (an SPV of Sherisha Technologies). The company's shares were previously delisted by NSE and BSE in 2018, and the status was changed from 'Delisted' to 'Suspended' with effect from May 5, 2025. For FY 2022-23, the company reported zero revenue from operations, total income of Rs. 210 lakhs, and a loss of Rs. 3,048 lakhs (EPS of negative Rs. 0.66).
This is a routine AGM notice, but shareholders should note that K S Oils remains in 'Suspended' status on the exchanges following its insolvency and acquisition, meaning trading is still restricted. The newly constituted board is in the process of completing relisting and compliance formalities, which is a key milestone to watch for current and prospective shareholders.