In a move set to transform the edible oil sector and create new employment opportunities, Halder Venture Limited (HVL) has acquired KS Oil Ltd’s manufacturing unit in Haldia. The acquisition, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, and completed with physical possession on March 28, 2025, marks a significant milestone in HVL’s growth journey.
With a state-of-the-art 500 TPD (tonnes per day) refining facility, a modern packaging unit, and 33,000 MT storage tanks, the new unit expands HVL’s refining capacity five-fold. More importantly, it brings direct port access at Haldia, allowing the company to source imported crude edible oil efficiently, cutting down logistics costs and boosting supply chain efficiency.
“This acquisition is not just about business growth; it’s about empowering communities and creating opportunities,” said Keshab Kumar Halder, Managing Director of HVL. Over 500 new jobs will be created, benefiting local workers and driving economic growth in the region.
HVL’s expanded distribution network will now cater to markets in West Bengal, Bihar, Jharkhand, Odisha, the Northeast, and neighboring countries like Nepal and Bangladesh. The company is working closely with the Haldia Development Authority and Haldia Port Trust for a smooth transition.
