KS Oils has received an approval to raise funds up to Rs 250 crore through Qualified Institutional Placement (QIP). The board at its meeting held on November 29, 2011 has approved for the same.
KS Oils 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.