Halder Venture Limited (HVL), a leading name in India’s parboiled rice and edible oil manufacturing sector, has successfully acquired the manufacturing unit of KS Oil Ltd in Haldia. This strategic expansion significantly enhances HVL’s refining capacity and supply chain efficiency.
Approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, the acquisition was finalized with physical possession on March 28, 2025. The Haldia facility includes a cutting-edge 500 TPD (tonnes per day) physical and chemical refining plant, a state-of-the-art packaging unit, and 33,000 MT storage tanks. The unit’s direct access to Haldia Port will enable HVL to streamline its import of crude edible oil, reducing logistics costs and strengthening its market presence across Eastern India, Nepal, and Bangladesh.
“This acquisition marks a major milestone in our growth strategy, allowing us to scale operations, enhance efficiency, and set new standards in edible oil refining and distribution,” said Keshab Kumar Halder, Managing Director, HVL.
The expansion is expected to generate over 500 jobs and contribute to regional industrial development. HVL is actively coordinating with the Haldia Development Authority and Haldia Port Trust to ensure a seamless transition and operational integration.