Notice and Annual Report of 32nd Annual General Meeting of the Company.
Awaiting price reaction for this filing.
K S Oils Limited (now under Soy-Sar Edible Pvt Ltd after acquisition) has issued the notice and annual reports for its long-pending 31st and 32nd Annual General Meetings, covering financial years 2016-17 and 2017-18. Both AGMs are scheduled on Thursday, September 11, 2025 — the 31st at 11:00 a.m. and the 32nd at 4:00 p.m. — to be held via video conferencing. The key items on the agenda are adoption of audited standalone financial statements for the year ended March 31, 2018, and the appointment of M/s Aditi Gupta & Associates as the new Statutory Auditor for a three-year term (FY 2017-18 to 2019-20). The company also announced book closure from September 4–11, 2025 and the remote e-voting window from September 8–10, 2025. These AGMs are being held several years late because the company underwent Corporate Insolvency Resolution Process from July 2017, followed by a liquidation order in March 2021, during which its board was suspended.
Shareholders should review the long-delayed FY 2017-18 financials carefully, as the numbers reflect the company's position at the time it entered insolvency and not its current operations under new ownership. The auditor appointment is a routine procedural step needed to close out the old era before the new management can file fresh financial statements. For investors, this is largely a back-office housekeeping filing rather than a value-moving event, though it signals the new owners are formalising the takeover.