Monday, October 12, 2009

KS OIL to invest more in Indonesia for Palm plantation

KS Oil Ltd India s prominent edible oil manufacturer and owner of popular brands like Double sher , Kalash , K S Gold .
KS Oil through its subsidiary Singapore K S Natural Resources Pte would invest USD76 million .The Company has acquired an additional 53000 acres of land for development of Palm Oil Plantations in Indonesia. The Funding will be through internal accruals and debt at subsidiary level.

A leader in mustard oil in India, K S Oils today enjoys 11% market share in the overall mustard oil segment with a dominant 25% market leadership in branded mustard oil.

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