K S Oils Limited has submitted to the Exchange, the financial results for the period ended March 31, 2021.

K S Oils, which was in Corporate Insolvency Resolution Process (CIRP) from July 2017, was acquired as a going concern by Soy-Sar Edible Private Limited via an NCLT order dated February 3, 2025, after the company's stock had been delisted in 2018. The newly reconstituted board has now submitted a massive backlog of financial results covering FY2017-18 through Q1 FY2025-26, reflecting years of delayed filings during the insolvency period. The historical numbers show zero revenue from operations in recent quarters, with a net loss of Rs 837 lakhs in Q1 FY21 and a fully eroded net worth, as flagged in the auditor's Emphasis of Matter. The auditor (Devesh Parekh & Co.) declined to provide a conclusion citing inability to verify inventory, payables, receivables, and fixed assets. The company also appointed a new executive director (Mr. Virendra Kumar Singhvi), a new statutory auditor (M/s NIG & Co.) for 5 years, and a new secretarial auditor, while also scheduling 9 consecutive AGMs (31st to 39th) between September 11-30, 2025 to clear the pending years.