K S Oils Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025 and inform you that the Board of Directors of the Company in its meeting held today i.e. August 12, 2025, has, inter alia considered and approved unaudited & Audited (Standalone) Financial Results for FY 2016-17 to 2024-25.
Awaiting price reaction for this filing.
K S Oils Limited, which was acquired by Soy-Sar Edible Private Limited through an NCLT liquidation auction (NCLT order dated February 3, 2025), has filed a massive catch-up set of financial results covering FY 2017-18 through Q1 FY 2025-26. The company generated zero revenue from operations during all reported periods (Q1 FY25 revenue from operations: ₹0; FY24: ₹0), reporting continuous losses including a net loss of ₹535 lakhs in Q1 FY25 (June 30, 2024) and ₹4,222 lakhs for FY24. The statutory auditor (Devesh Parekh & Co.) issued an emphasis-of-matter note confirming the financials are now prepared on a going-concern basis following the acquisition. The board also approved the appointment of a new statutory auditor (M/s NIG & Co.) for 5 years, a new executive director (Mr. Virendra Kumar Singhvi), and notices for 9 AGMs (31st to 39th) to regularize years of non-compliance. The company's shares, previously delisted in 2018, are now in 'Suspended' status on BSE/NSE with a relisting application pending.
This is a major back-log compliance filing rather than fresh business news — the company is essentially restarting operations under new ownership after years in liquidation. For shareholders, the zero-revenue, loss-making history and suspended trading status mean near-term stock price action is unlikely until relisting is approved and the new management begins actual edible-oil operations. Investors should watch for relisting clearance and the new management's operational revival plan rather than these historical results.