Board Meeting Details

The Board of Directors meeting was held on November 13, 2026, commencing at 04:30 PM IST and concluding at 04:40 PM IST.

Key Matters Approved

1. Financial Results Approval

The Board approved the unaudited financial results for the 2nd quarter and half year ended September 30, 2026, as recommended by the Audit Committee. The results were reviewed by statutory auditors M/s. NJG & Co.

2. Internal Auditor Appointment

Appointed M/s Ernst & Young LLP as Internal Auditor of the Company for FY 2026-27.

3. Annual Report Approval

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 set as Friday, December 11, 2026 to ascertain eligible members
  • Remote e-Voting facility through CDSL available from December 15, 2026 (09:00 AM IST) to December 17, 2026 (05:00 PM IST)
  • AGM Notice and Annual Report will be sent electronically to shareholders
  • Documents available on company website (www.ksoils.in) and stock 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 Summary (₹ in Crores)

Q2 FY27 Performance (Unaudited)

  • Revenue from operations: ₹88.25
  • Other income: ₹0.96
  • Total income: ₹89.21
  • Total expenses: ₹98.09
  • Loss before tax: ₹(8.88)
  • Tax expense: ₹(1.34) [Deferred tax]
  • Net loss: ₹(7.54)
  • Basic EPS: ₹(0.44)
  • Diluted EPS: ₹(0.44)

Half Year FY27 Performance (Unaudited)

  • Revenue from operations: ₹250.34
  • Other income: ₹1.51
  • Total income: ₹251.86
  • Total expenses: ₹265.28
  • Loss before tax: ₹(13.42)
  • Tax expense: ₹(0.12) [Deferred tax]
  • Net loss: ₹(13.30)
  • Basic EPS: ₹(0.78)
  • Diluted EPS: ₹(0.78)

Comparative Performance

Q2 FY27 vs Q2 FY26: Revenue increased significantly from ₹1.29 crore to ₹88.25 crore, though net loss widened from ₹(5.17) crore to ₹(7.54) crore.

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

  • Net cash used in operating activities: ₹(4.63) crore
  • Net cash used in investing activities: ₹(50.80) crore (mainly PPE/CWIP purchases)
  • Net cash from financing activities: ₹56.11 crore (borrowings increase)
  • Net increase in cash: ₹0.68 crore

Balance Sheet Position (As at September 30, 2026)

  • Total assets: ₹434.00 crore
  • Property, plant and equipment: ₹209.37 crore
  • Capital work-in-progress: ₹100.80 crore
  • Inventories: ₹74.39 crore
  • Total equity: ₹3.81 crore
  • Total borrowings: ₹377.37 crore (Non-current: ₹48.62 crore, Current: ₹328.75 crore)
  • Total liabilities: ₹430.19 crore

Important Notes

1. Company Acquisition and Operations

The Company was acquired as a going concern by Soy-Sar Edible Private Limited under the 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. Accounting Policy Change

Changed depreciation method on property, plant and equipment from Written Down Value (WDV) to Straight Line Method (SLM) effective July 1, 2026. This reduced depreciation for Q2 FY27 by ₹3.24 crore, reduced loss before tax by ₹3.24 crore, and increased deferred tax charge by ₹0.81 crore.

3. Segment Information

The Company operates in a single segment: "Edible Oil" as per Ind AS 108.

4. Regulatory Compliance

The results were prepared in accordance with Ind AS 34 and reviewed by statutory auditors NJG & Co. as required under Regulation 33 of SEBI LODR Regulations.