Freedom Healthy Cooking Oils receives ‘AIMA – RK Swamy High-Performance Brand Award 2022’

Hyderabad: September 2022: Freedom Healthy Cooking Oils, the flagship brand of Gemini Edibles & Fats India Ltd (GEF India) received the prestigious AIMA-R K Swamy High-Performance Brand Award 2021  in a Special Session at AIMA's 49th National Management Convention which was held with the theme 'Advantage India: Thriving in the New World Order. The award was received by, Mr. P Chandra Shekhara Reddy, Senior Vice President - Sales & Marketing, Freedom Healthy Cooking Oils from Shri. Nitin Gadkari, Hon'ble Minister of Road Transport & Highways, Government of India in the presence of other dignitaries.

The AIMA-R K Swamy award was instituted in 2009 by the advertising agency R K SWAMY and All India Management Association, in memory of the founder of the agency Sri R K Swamy, who also was a past president of AIMA. The award is to be given to a high-performing Indian-grown brand. Sri Swamy was a true nationalist who felt that Indian companies and brands are as good as MNCs and to honor his view on the subject, AIMA and R K SWAMY instituted this award. The High-performance brand is identified by a panel of leading Industry leaders. The winning brand must consistently outperform others in the category in terms of revenue and profitability as well as satisfy the Jury that the brand has performed well across other categories as well. 

Freedom Healthy Cooking Oils was chosen for the aggressive growth seen from Rs 6,500 Cr to over Rs 10,000 Cr with similar growth in profitability in the last couple of years.  

Past President of AIMA and the Chairman & Managing Director of R K SWAMY Pvt. Ltd, who was the Jury Chair said "We reviewed several categories and studied the performance of various brands before we zeroed in on Freedom. They join several other illustrious brands over the last 12 years like LIC, SBI, Tata, Amul, Titan, HDFC Bank, Bajaj Auto, Wipro, etc. So many congratulations to them and wish them continued success."

Reacting to receiving the award, Mr. Pradeep Chowdhry, Managing Director, Gemini Edibles & Fats India Ltd said "We are delighted to win this award. This was made possible by the hard work put in by our employees and the distributors as well as our agency partners over the last several years. My special thanks to every one of them."

Speaking on the occasion Mr. P. Chandra Shekhara Reddy, Senior Vice President – Sales & Marketing, Freedom Healthy Cooking Oils said, "We are happy to receive the AIMA-RK Swamy High-Performance Brand Award 2021 for Freedom Healthy Cooking Oils. The brand 'Freedom' is built on the fundamentals of consistently providing good quality products, attractive packaging, deep market knowledge and penetration, innovative marketing, customer outreach, and communication strategy. It has helped us grow and become the No.1 brand by volume sales in the country in the sunflower oil category (Neilsen IQ – MAT March 2022) in an extremely competitive marketplace."

Recently Freedom Healthy Cooking Oils bagged the 'Pride of India Brand Award 2022' in the category 'Best Brands of South India'. The Pride of India Brand awards 2022 recognizes and rewards some of India's most loved, home-grown brands.

About GEF India (Freedom Healthy Cooking Oils):

'Freedom' is the Flagship brand of Gemini Edibles & Fats India Limited (GEF India). Freedom Healthy Cooking Oil Range is available as Freedom Refined Sunflower Oil, Freedom Physically Refined Rice Bran Oil, Freedom Kachi Ghani Mustard Oil, and Freedom Groundnut Oil.

The ‘Freedom’ brand was launched in 2010 in Andhra Pradesh and Odisha. Freedom Refined Sunflower Oil is the No.1 Brand by volume sales in India in the sunflower oil category (according to Nielsen IQ data on the Refined Oil Cons Pack (ROCP) market in India (U+R) for the year ending (MAT) March 31, 2022).

Freedom Rice Bran Oil was launched in 2015 in Andhra Pradesh and Telangana.

‘Freedom’ was ranked among the top five cooking oil brands in India according to the India Today ‘Ipsos Urban Consumer Sentiment Survey 2020’.

Social Media handles 

FreedomHealthyOil @freedomhealthyoil

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GEF India is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offer of its Equity Shares and has filed the DRHPdated August 7, 2021. The DRHP will be available on the websites of SEBI at www.sebi.gov.in, stock exchanges i.e., BSE at www.bseindia.com, NSE at www.nseindia.com, respectively and is available at the respective websites of the BRLMs, i.e. Axis Capital Limited atwww.axiscapital.co.in, Credit Suisse Securities (India) Private Limited at www.credit-suisse.com/in/en/investment-banking-apac/investment-banking-in-india/ipo.html, Kotak Mahindra Capital Company Limited at www.investmentbank.kotak.com and Nomura FinancialAdvisory and Securities (India) Private Limited at www.nomuraholdings.com/company/ group/asia/india/index.html. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see the section titled "Risk Factors" of the Red Herring Prospectus, when filed. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision