Halder Venture Limited (HVL) has completed the acquisition of KS Oil Ltd’s manufacturing unit in Haldia, marking a significant expansion in its refining and distribution capabilities. The deal, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, was finalized with physical possession on March 28, 2025.
The acquisition includes a state-of-the-art 500 TPD (tonnes per day) physical and chemical refining facility, a modern packaging unit, and 33,000 MT storage tanks. This five-fold capacity increase is expected to drive HVL’s annual revenue growth by over ₹1,500 crore. The facility’s direct port access enables HVL to efficiently source imported crude edible oil, reducing logistics costs and eliminating reliance on tanker transportation.
HVL aims to strengthen its market presence across West Bengal, Bihar, Jharkhand, Odisha, and the Northeast, along with exports to Nepal and Bangladesh. “This acquisition is a strategic milestone, allowing us to scale operations, enhance efficiency, and deliver high-quality edible oils,” said Keshab Kumar Halder, Managing Director of HVL. The expansion is set to generate over 500 jobs and drive regional industrial growth. HVL is collaborating with regulatory authorities, including the Haldia Development Authority and Haldia Port Trust, to ensure a smooth transition.
