Halder Venture Limited (HVL) has reinforced its position in India’s edible oil industry with the strategic acquisition of KS Oil Ltd’s Haldia manufacturing unit. This move, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, and finalized with physical possession on March 28, 2025, is expected to generate over ₹1,500 crore in additional revenue.
The acquisition significantly expands HVL’s refining capacity to 500 TPD (tonnes per day)—a five-fold increase over its existing operations. The facility includes 33,000 MT storage tanks and a modern packaging unit, offering direct port access at Haldia. This strategic location eliminates reliance on tanker transportation, reducing logistics costs and improving supply chain efficiency.
By enhancing operational scale and efficiency, HVL aims to strengthen its distribution across West Bengal, Bihar, Jharkhand, Odisha, the Northeast, and neighboring countries like Nepal and Bangladesh. “This acquisition is a landmark milestone, positioning us for long-term growth and market leadership in the edible oil sector,” said Keshab Kumar Halder, Managing Director of HVL. Beyond revenue expansion, the project is set to create over 500 jobs, supporting regional industrial growth. HVL is coordinating with the Haldia Development Authority and Haldia Port Trust to ensure smooth operations.
