Notice of 33rd Annual Geberal Meeting along with annual report for FY 2018-19.
Awaiting price reaction for this filing.
K S Oils Limited has issued the notice for its 33rd and 34th Annual General Meetings, both scheduled for Wednesday, September 17, 2025, to be held via video conferencing at 11:00 a.m. and 4:00 p.m. IST respectively. The company, which was acquired by Soy-Sar Edible Private Limited (SPV of Sherisha Technologies) following an NCLAT liquidation order in March 2021 and NCLT approval on February 3, 2025, is seeking shareholder approval to adopt the audited financial statements for FY 2018-19 and FY 2019-20. Key dates include a book closure window from September 10 to September 17, 2025, e-voting from September 14 to September 16, 2025, and a cut-off date of September 10, 2025. For FY 2018-19, the company reported nil revenue from operations, total income of Rs 96 lakhs, expenses of Rs 3,568 lakhs, and a loss before tax of Rs 3,472 lakhs with an EPS of (Rs 0.76). The company is also working on regaining listing compliance, with its status changed from 'Delisted' to 'Suspended' on BSE/NSE effective May 5, 2025.
This is a procedural filing for long-overdue AGMs following the company's emergence from IBC liquidation and acquisition by Soy-Sar Edible. Shareholders should note the company is now in revival mode with active steps toward relisting, though historical financials reflect a non-operational period with heavy losses.