Outcome of 39th Annual General Meeting held on December 26, 2025 for the Financial endde March 31, 2025
Awaiting price reaction for this filing.
K.S. Oils Limited held its 39th AGM on December 26, 2025, via video conferencing from 11:30 AM to 11:55 AM IST, attended by 35 members. The Chairman shared key updates: the company was taken over via an NCLT order dated February 3, 2025 (acquired by Soy-Sar Edible Private Limited), the Board was reconstituted on February 7, 2025, manufacturing units have restarted on a trial basis, and the company's status changed from Delisted to Suspended on May 5, 2025 with a relisting application already filed. A total of 13 resolutions were tabled and passed, including adoption of FY25 audited financial statements, appointment/re-appointment of statutory and secretarial auditors, regularization of four directors, appointment of a Whole-Time Director, approval of borrowing limits under Section 180(1)(c), authorization to sell/lease/dispose of undertakings under Section 180(1)(a), and approval of related party transactions. Voting results were to be announced within two working days.
This AGM signals a revival phase for the stock — the company is moving from insolvency-driven acquisition toward operational restart and potential relisting. Shareholders should watch for the e-voting results, the relisting outcome, and any disposal or borrowing decisions under the newly approved Section 180 powers, as these could materially affect share value and corporate direction.