Outcome of The Meeting of Board of Directors Held On November 14, 2025.
Awaiting price reaction for this filing.
K.S. Oils' Board approved the unaudited financial results for Q2 and H1 FY26 (ended Sept 30, 2025), along with the notice for the 39th AGM scheduled for Dec 26, 2025, and the Board Report for FY25. The company reported a loss of approximately ₹1,210 lakhs for H1 FY26, slightly wider than the ₹1,069 lakh loss in H1 FY25. Total assets stood at ₹31,302 lakhs (vs ₹25,101 lakhs at March 2025), but other equity shrank sharply to ₹210 lakhs from ₹1,415 lakhs, while short-term borrowings rose to ₹21,505 lakhs. Auditor NJG & Co. issued a clean limited-review report with no qualifications. The company, previously under liquidation, was acquired by Soy-Sar Edible Private Limited in 2023 and is in the process of relisting after its status was changed from 'Delisted' to 'Suspended' in May 2025.
The wider loss and sharp erosion of equity (from ₹1,415 lakhs to ₹210 lakhs) signal ongoing financial weakness post-acquisition, while very high short-term borrowings of ₹21,505 lakhs against thin equity raise leverage concerns. Investors should watch for the relisting timeline and whether the new promoter (Soy-Sar Edible) can turn the business profitable.