Board Meeting Details

The Board meeting commenced at 04:30 PM IST and concluded at 04:40 PM IST on November 13, 2026.

Key Decisions Approved

1. Unaudited Financial Results: Approved the unaudited financial results for Q2 and half year ended September 30, 2026, as recommended by the Audit Committee. Statutory Auditors M/s. NJG & Co. provided limited review reports.

2. Internal Auditor Appointment: Appointed M/s Ernst & Young LLP as Internal Auditor for FY 2026-27. EY is a global leader in assurance, tax, strategy & transactions, and consulting services.

3. Annual Report: Approved Annual Report for FY 2025-26 comprising Board's Report, Management Discussion and Analysis Report, Corporate Governance Report, and Audited Financial Statement.

4. 40th Annual General Meeting: Convened the 40th AGM on Friday, December 18, 2026 at 03:00 PM IST through Video Conferencing/Other Audio Visual Means.

  • Cut-Off Date: Friday, December 11, 2026 to ascertain members entitled to vote
  • Remote e-Voting through CDSL available from December 15, 2026 (09:00 AM IST) to December 17, 2026 (05:00 PM IST)
  • Notice and Annual Report will be sent electronically only
  • AGM materials available on company website (www.ksoils.in) and exchange websites

5. Scrutinizer Appointment: Appointed Mr. Rajeev Raj Kumar, practicing company secretary (FCS-6334, CP No. 25590), as Scrutinizer for the e-voting process.

Financial Results Highlights (₹ in Crores)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹88.25
  • Total income: ₹89.21
  • Total expenses: ₹98.09
  • Loss before tax: (₹8.88)
  • Loss for the period: (₹7.54)
  • Basic EPS: (₹0.44)
  • Diluted EPS: (₹0.44)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹250.34
  • Total income: ₹251.86
  • Total expenses: ₹265.28
  • Loss before tax: (₹13.42)
  • Loss for the period: (₹13.30)
  • Basic EPS: (₹0.78)
  • Diluted EPS: (₹0.78)

Comparative Figures (Quarter):

  • Q2 FY26 Revenue: ₹1.29 crore
  • Q2 FY26 Loss: (₹5.17) crore

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹434.00 crore
  • Equity: ₹3.81 crore (Share capital: ₹16.98 crore, Other equity: (₹13.17) crore)
  • Non-current liabilities: ₹49.18 crore
  • Current liabilities: ₹381.01 crore
  • Current borrowings: ₹328.75 crore
  • Cash and cash equivalents: ₹0.68 crore

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash used in operating activities: (₹4.63) crore
  • Net cash used in investing activities: (₹50.80) crore
  • Net cash from financing activities: ₹56.11 crore
  • Net increase in cash: ₹0.68 crore

Significant Accounting Notes

1. Company Revival: The company was acquired as a going concern by Soy-Sar Edible Private Limited under liquidation process pursuant to NCLT Indore Bench order dated February 3, 2025. The Kota plant commenced operations from October 1, 2025 and the Guna plant from April 1, 2026.

2. Depreciation Method Change: Changed depreciation method from Written Down Value (WDV) to Straight Line Method (SLM) effective July 1, 2026. This reduced depreciation for Q2 and half year by ₹3.24 crore, reduced loss before tax by ₹3.24 crore, and increased deferred tax charge by ₹0.81 crore.

3. Segment Reporting: Company operates in a single segment - "Edible Oil" as per Ind AS 108.