K S Oils Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2022.

K S Oils Limited's newly reconstituted board approved a large set of catch-up filings, including the long-delayed unaudited financial results for the quarter ended June 30, 2022 (Q1 FY 2022-23). The company reported zero revenue from operations and only Rs 60 lakhs of other income, posting a net loss of Rs 758 lakhs for the quarter (full-year FY 2021-22 loss was Rs 3,402 lakhs). The company had been under Corporate Insolvency Resolution Process (CIRP) since July 2017 and was delisted in 2018, but was acquired as a going concern by Soy-Sar Edible Private Limited (SEPL) following an NCLT order in February 2025. The auditor (Devesh Parekh & Co.) raised an Emphasis of Matter on continuous losses, completely eroded net worth, unsecured status of loans, and liabilities exceeding assets, and was unable to provide any conclusion on the financial statements. The board also appointed a new Executive Director, new statutory auditors (M/s NIG & Co.), a new secretarial auditor, approved the shifting of the registered office, and issued AGM notices spanning financial years 2016-17 to 2024-25.