K S Oils Limited has informed the Exchange regarding Notice of 32nd Annual General Meeting to be held on September 11, 2025 of the Company.
Awaiting price reaction for this filing.
K S Oils Limited has issued notice for its 32nd Annual General Meeting (AGM) on September 11, 2025 at 4:00 PM, to be held via video conferencing. The company is also holding its 31st AGM on the same day at 11:00 AM. Both meetings are addressing delayed annual reports — FY 2016-17 and FY 2017-18. The key business items include adopting audited financial statements for the year ended March 31, 2018, and appointing M/s Aditi Gupta & Associates as the new Statutory Auditor for a three-year term (2017-18 to 2019-20). The filing reveals the company's troubled history: it entered Corporate Insolvency Resolution Process (CIRP) in July 2017, faced liquidation order from NCLAT in March 2021, and has since been acquired by Soy-Sar Edible Private Limited, the new management now catching up on years of defaulted regulatory filings.
Shareholders should note this reflects a major restructuring event — the company went through insolvency and liquidation before being acquired by new management (Soy-Sar Edible Pvt Ltd). The delayed filings and appointment of new auditors signal an attempt to restart corporate governance. The book closure from September 4-11, 2025 means trading will be restricted for existing shareholders during this period, and the e-voting window (September 8-10, 2025) allows participation in key decisions on the company's revival path.