KSS Limited
KSS in a global player within the Indian media and entertainment. The Company through its subsidiaries and step- down subsidiaries is into the business of Miniplexes, Digital Cinema and Online Trading in Gold & Jewellery, Project Consultancy and General T
What KSS files
- Others14
- Board Meeting10
- Important4
- Updates2
KSS Limited's resolution plan is fully approved by NCLT. Micro Capitals Private Limited takes over, injecting Rs 3.00 Cr equity. Existing public shareholders face 1:1400 share reduction. Prior claims aggregating Rs 121.61 Cr settled for Rs 3.01 Cr. Company aims for trading resumption.
KSS Ltd's resolution plan is approved by NCLAT, overturning NCLT's rejection. Micro Capitals' plan offers 3.01 Cr, exceeding the 2.52 Cr liquidation value. This clears the path for company revival, management change, and fresh capital infusion. Statutory dues like Customs and SEBI are treated as unsecured operational creditors.
KSS Limited's asset recovery efforts are moving forward. The NCLT has ordered former directors to jointly and severally repay 47.93 Lakhs to the company, along with interest. This amount, paid to related parties in January 2022, was ruled to be "preferential transactions" and not conducted in the ordinary course of...
KSS Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.