K S Oils Limited has informed the Exchange regarding Notice of 34th Annual General Meeting (2019-20) to be held on September 17, 2025.
Awaiting price reaction for this filing.
K S Oils Limited has informed the exchanges about its 33rd AGM (for FY 2018-19) at 11:00 a.m. and 34th AGM (for FY 2019-20) at 4:00 p.m. on Wednesday, September 17, 2025, both to be held via video conferencing. The notices and annual reports are being sent only through electronic means to members who have registered their email IDs. The book closure period runs from September 10 to September 17, 2025, and remote e-voting will be open from 9:00 a.m. on September 14 to 5:00 p.m. on September 16, 2025. The 34th AGM includes adoption of audited financial statements for FY 2019-20, which showed no revenue from operations, total income of ₹46 lakhs, expenses of ₹3,829 lakhs, and a net loss of ₹3,783 lakhs (EPS of ₹(0.82)). The directors' report notes the company was acquired by Soy-Sar Edible Private Limited (a Sherisha Technologies SPV) after NCLAT's liquidation order dated March 16, 2021, and NCLT Indore's approval on February 3, 2025. The stock exchanges changed the company's status from 'Delisted' to 'Suspended' w.e.f. May 5, 2025, and relisting is in process.
This is a procedural AGM notice rather than a business or financial event, so there is no direct immediate impact on shareholders or stock price. However, the AGM will formalize the adoption of several years' pending financial statements under the new management following acquisition through the IBC process, and the company's listing status remains 'Suspended' pending full compliance — investors should watch for relisting progress and the voting outcome on the financial statements.