Financial Analyst Summary: K.S. Oils Limited Regulatory Response
Date and Nature of Exchange Communication
- Date of NSE Query: July 14, 2026 (regarding deficiency/non-submission of Outcome of Board Meeting dated August 13, 2025)
- Company Response Date: July 16, 2026
- Previous NSE Query: August 14, 2025 regarding announcement dated August 12, 2025
- Nature of Query: Deficiency in submitting Outcome of Board Meeting and financial results within regulatory timelines
Company's Clarification on Technical Issues and Submission
K.S. Oils Limited provided detailed clarification regarding the delayed submissions:
Technical Issues with NEAPS Portal:
- The company encountered technical/system-related errors on the NEAPS portal while attempting to upload filings
- Errors prevented successful submission through the official portal
- The company resorted to email submission as an alternative compliance method
- File size issues were specifically mentioned for the 31 financial result filings
Historical Context - Insolvency Proceedings:
- Company was admitted for Corporate Insolvency Resolution Process (CIRP) on July 21, 2017
- Mr. Kuldeep Verma served as Interim Resolution Professional and later Resolution Professional
- Company was delisted by NSE (April 27, 2018) and BSE (May 5, 2018) during moratorium period
- NCLAT ordered liquidation on March 16, 2021 after resolution plan failed within 270 days
- Soy-Sar Edible Private Limited acquired the company through e-auction on December 22, 2023
- NCLT, Indore Bench passed order on February 3, 2025 facilitating the transfer
- Board was reconstituted by Liquidator on February 7, 2025
- Company status changed from "Delisted" to "Suspended" on May 5, 2025
Financial Results Submission Details
The company submitted 31 financial result filings covering multiple periods:
Complete List of Submitted Financial Results:
- FY2017-18: Q3 (Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2018-19: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2019-20: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2020-21: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2021-22: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2022-23: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2023-24: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2024-25: Q1, Q2, Q3 (All Unaudited Standalone with Limited Review), FY Annual (Audited Standalone with Audit Report)
- FY2025-26: Q1 (Unaudited Standalone with Limited Review)
Regulatory Compliance Reference
- The company referenced Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Cited SEBI Circular dated July 13, 2023 regarding disclosure timelines
- Acknowledged requirement to disclose board meeting outcomes within 30 minutes/3 hours from meeting closure
- Explained delay was due to technical issues and historical insolvency-related compliance backlog
Additional Information
- Corporate Office: 804, 8th Floor, Park Centra Sector-30, Gurgaon-122001, Haryana
- Compliance Officer: Jyoti Sharma, Company Secretary & Compliance Officer (A55135)
- NEAPS Application Number: 111338 (Submission dated August 14, 2025 at 09:36:03)