HALDER.NSE

HALDER VENTURE RG

Bengaluru: Halder Venture Limited (HVL), a leading player in the Indian parboiled rice and edible oil manufacturing sector, announces the successful acquisition of the manufacturing unit of KS Oil Ltd in Haldia, significantly expanding its operational footprint. This acquisition brings under Halder Venture Limiteds control a cutting-edge refining facility at Haldia Port, boasting 500 TPD physical and chemical refining capacity - a five-fold increase over its existing plant. This strategic expansion is poised to drive annual revenue growth of over 1,500 crore, enabling HVL to capitalize on burgeoning demand across Eastern India. The acquisition was approved by the National Company Law Appellate Tribunal (NCLAT) on 20th March 2025 and subsequently successful physical possession was given by the liquidator of KS Oil Limited on 28th March 2025. In addition to the refining facility, the acquisition encompasses 33,000 MT storage tanks facility and a state-of-the-art packaging unit. Leveraging direct access to the port, HVL can now efficiently source imported crude edible oil, eliminating reliance on tanker transportation and significantly reducing logistics costs.

Kolkata: City-based Halder Venture Ltd (HVL), a leading player in parboiled rice and edible oil manufacturing sector, may look to acquire brands of KS.