Notice of 34th Annual General Meeting along with annual report for FY 2019-20.
Awaiting price reaction for this filing.
K.S. Oils Limited has notified BSE and NSE about its 33rd and 34th AGMs scheduled for Wednesday, September 17, 2025, at 11:00 a.m. and 4:00 p.m. respectively, to be held via Video Conferencing. The company is sending the AGM notice and annual reports for FY 2018-19 and FY 2019-20 only through electronic means. Remote e-voting will be open from September 14, 2025 (9:00 a.m.) to September 16, 2025 (5:00 p.m.), with a book closure window from September 10 to September 17, 2025. The only business item in the 34th AGM notice is adoption of audited financial statements for FY 2019-20, which show zero revenue from operations, other income of Rs. 46 lakhs, total expenses of Rs. 3,829 lakhs, and a net loss of Rs. 3,783 lakhs (EPS of Rs. -0.82). The company underwent corporate insolvency resolution and was acquired by Sherisha Technologies Pvt Ltd through Soy-Sar Edible Pvt Ltd, with NCLT Indore approving the acquisition in February 2025.
This is largely a procedural filing, but the FY 2019-20 results confirm the company was effectively non-operational with zero revenue and heavy losses. Shareholders should note the company remains in 'Suspended' status on stock exchanges (delisting withdrawal effective May 5, 2025) and is in the process of relisting, so trading liquidity remains limited. Investors holding shares as of the September 10, 2025 cut-off date can vote on the resolution to adopt FY 2019-20 financials.