Proceedings of 33rd AGM of K.S. Oils Limited for the financial year 2018-19.
Awaiting price reaction for this filing.
K.S. Oils Limited held its 33rd Annual General Meeting on September 17, 2025 via Video Conferencing for the financial year 2018-19 — a delay of roughly six years. The company had 1,26,685 shareholders on the cut-off date, of whom only 45 public shareholders attended the meeting and none from the promoter group joined. One Ordinary Resolution — the adoption of the Audited Standalone Financial Statements for the year ended March 31, 2019 — was put to vote and passed with 87.36% in favour and 12.64% against. Only about 0.80% of total shares were polled, indicating very low voting participation. The meeting was conducted through CDSL's e-voting platform and scrutinised by KRR & Company, Company Secretaries.
The resolution is approved, so the FY2018-19 accounts stand adopted, giving the company a fresh compliance baseline. However, the very long gap since FY19, extremely low voter turnout (under 1%), and the absence of promoter attendance suggest weak shareholder engagement and lingering governance or operational concerns that retail investors should track closely.