K S Oils gets nod to authorize SBI to appoint consultants

12 Feb 2013

K S Oils has received an approval to authorize State Bank of India (SBI), the Monitoring Institution to appoint Pricewaterhouse Coopers, SBI Capital Markets and other advisors/ consultants to explore the possibility of re-organizing the existing businesses of the company. The board at its meeting held on February 11, 2013 has approved for the same.

K S Oils is one of the India’s Leading integrated edible oil companies. The company manufactures mustard oil, soybean oil, palm oil and vanaspati. It is leader in mustard oil in India and commands 7% market share in the overall mustard oil segment with a dominant 25% market leadership in branded mustard oil.

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