K.S. Oils Limited Announces Sudden Demise of Chief Financial Officer Sanjeev Goyal

1 min read     Updated on 13 Apr 2026, 01:26 PM
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K.S. Oils Limited announced the sudden death of Chief Financial Officer Mr. Sanjeev Goyal on April 12, 2026. The company filed mandatory regulatory notifications with BSE and NSE on April 13, 2026, complying with SEBI LODR Regulation 30 requirements. The edible oils company, acquired by Soy-Sar Edible Private Limited, operates from multiple locations across Madhya Pradesh, Haryana, and Rajasthan.

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K.S. Oils Limited has announced the sudden demise of Mr. Sanjeev Goyal, Chief Financial Officer of the company, who passed away on April 12, 2026. The edible oils company, which has been acquired by Soy-Sar Edible Private Limited, received intimation of the death on the same date and promptly filed regulatory notifications with stock exchanges.

Regulatory Compliance and Notification

The company submitted the mandatory disclosure to both BSE Limited and National Stock Exchange of India Limited on April 13, 2026, fulfilling its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was filed on the first working day after the date of demise, ensuring compliance with regulatory timelines.

Parameter Details
Date of Demise April 12, 2026
Notification Date April 13, 2026
Reason for Change Demise of Chief Financial Officer
Regulatory Framework SEBI LODR Regulation 30

Corporate Structure and Leadership

K.S. Oils Limited operates under the ownership of Soy-Sar Edible Private Limited, with its corporate office located in Gurgaon, Haryana. The company maintains its registered office in Guna, Madhya Pradesh, and operates manufacturing facilities in both Madhya Pradesh and Rajasthan.

Jyoti Sharma, Company Secretary & Compliance Officer, signed the regulatory filing on behalf of the company. The notification included all required details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and Part A of Schedule III of the LODR Regulations.

Company Operations

The company operates in the edible oils sector with multiple operational locations across central and western India. K.S. Oils Limited is incorporated under the Companies Act with CIN: L15141MP1985PLC003171 and trades on both major Indian stock exchanges under scrip codes 526209 (BSE) and KSOILS (NSE).

The sudden loss of the Chief Financial Officer represents a significant leadership change for the organization, requiring the company to address the vacancy in this critical executive position while maintaining operational continuity and regulatory compliance.

How quickly will K.S. Oils Limited appoint a new CFO and what criteria will they prioritize given the company's recent acquisition by Soy-Sar Edible?

Could this leadership vacuum impact K.S. Oils' integration process with parent company Soy-Sar Edible Private Limited?

Will the sudden CFO departure affect K.S. Oils' upcoming financial reporting and quarterly earnings disclosure timelines?

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