Halder Venture acquires KS Oil’s Haldia unit, targets Rs 1,500 crore revenue growth

Halder Venture Limited (HVL), a key player in India’s parboiled rice and edible oil sector, has successfully acquired the Haldia manufacturing unit of KS Oil Ltd, marking a significant expansion of its operational footprint. The acquisition, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, was completed with physical possession on March 28, 2025.

With this strategic move, HVL gains control of a cutting-edge edible oil refinery with a 500 TPD (tonnes per day) physical and chemical refining capacity—five times its existing capacity. The facility also includes 33,000 MT storage tanks and a modern packaging unit. Direct access to Haldia Port will allow HVL to streamline its supply chain by eliminating tanker transportation, significantly reducing logistics costs.

“This acquisition is a landmark milestone in our growth journey, enabling us to scale operations, enhance efficiency, and strengthen our presence in the edible oil sector,” said Keshab Kumar Halder, Managing Director of HVL.