KSS Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (LODR) ....
Awaiting price reaction for this filing.
KSS Limited has informed BSE and NSE that a Board meeting is scheduled for May 29, 2025 to consider and approve the audited financial results (both standalone and consolidated) for the quarter and year ended March 31, 2025. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) since January 24, 2023 under the Insolvency and Bankruptcy Code, and its affairs are managed by Resolution Professional Mr. Dharmendra Dhelariya instead of the regular Board of Directors. The trading window for the stock remains closed until 48 hours after the financial results are made public, in line with insider trading regulations.
This is a procedural intimation ahead of the upcoming results announcement, so no immediate price catalyst. Given the company is in CIRP, the audited results for FY25 will be closely watched by shareholders, creditors, and the Resolution Professional for signs of revival progress or further stress. Investors should watch the actual results filing on or after May 29 for the real picture.