K S Oils Limited has submitted the Exchange a copy of Srutinizers report alongwith Voting Result of 37th Annual General Meeting held on September 29, 2025.
Awaiting price reaction for this filing.
K S Oils Limited has submitted the voting results and consolidated Scrutinizer's Report for its 37th Annual General Meeting held on September 29, 2025 via video conferencing. Only one Ordinary Resolution was put to vote — the adoption of the Audited Standalone Financial Statements for the financial year ended March 31, 2023, suggesting a notably delayed AGM. Out of 1,26,685 shareholders on record, only 35 public shareholders attended through VC and no promoter group representatives attended. The resolution passed but with a very thin margin: 6,08,119 votes (51.86%) in favour versus 5,64,526 votes (48.14%) against. Overall voter participation was extremely low at just 0.2554% of outstanding shares (11,72,645 out of 45,91,80,037). The Scrutinizer confirmed the e-voting process was conducted fairly via CDSL and the resolution was passed with requisite majority.
The razor-thin margin (51.86% vs 48.14%) and abysmal 0.25% turnout signal weak shareholder engagement and possible dissent from a vocal minority of public investors. Adoption of FY2022-23 financials in September 2025 highlights significant corporate governance delays, which may concern shareholders about timely reporting and compliance.