KSS Q2 FY26 results filed, liquidation pending, auditor disclaimed

KSS Limited (under CIRP since Jan 2023) reported Q2 FY26 standalone loss of Rs 18.54 lakhs and consolidated loss of Rs 42.75 lakhs. The Resolution Plan was rejected by NCLT in March 2025 and the Resolution Professional has filed for liquidation. The auditor issued a disclaimer of conclusion due to inability to verify subsidiary investments of Rs 6,199.90 lakhs, long outstanding advances, and tax assets. Trading remains suspended since November 2020. Multiple disputed tax and customs demands remain pending.