NEWSPAPER PUBLICATION
Awaiting price reaction for this filing.
KSS Limited, which is currently under Corporate Insolvency Resolution Process (CIRP), has published its audited standalone and consolidated financial results for the year ended March 31, 2026 in News Hub (English) and Pratahkal (Marathi) on May 30, 2026. The company reported a consolidated total income of Rs 201.92 lakhs in FY26 against Rs 216.02 lakhs in FY25, with a net loss of Rs 195.20 lakhs (FY25 loss was Rs 288.71 lakhs). Standalone results showed a net loss of Rs 67.52 lakhs against Rs 60.52 lakhs in FY25. The company is under CIRP since January 2023 after default on Rs 67.11 crore owed to Micro Capitals. NCLT rejected the resolution plan in March 2025, and a liquidation application is pending; an NCLAT appeal judgment reserved in February 2026 is still awaited. Trading in KSS shares has been suspended on NSE since November 27, 2020 due to non-compliance with SEBI Depositories Regulations.
Stockholders continue to face extreme distress as the company remains under insolvency proceedings with its resolution plan already rejected, a liquidation application pending, and trading suspended on NSE since 2020. Losses are ongoing, recovery prospects hinge on the pending NCLAT judgment and any subsequent liquidation distribution, but with multiple large tax and legal liabilities (Rs 5,943 lakhs income tax demand, Rs 1,035 lakhs MVAT demand, Rs 734 lakhs customs demand) recoveries for equity holders are highly uncertain.