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Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp.
Avanti Feeds has completed the previously announced sale of four windmills, which had an aggregate capacity of 3.20 MW. This operational development concludes a significant asset divestment for the company.
Avanti Feeds has incorporated SEALUXE B.V., a 100% owned subsidiary in the Netherlands. This new entity will operate in the seafood industry, marking a direct entry into the European market.
Avanti Feeds has announced a board meeting to consider the financial results for the quarter and half-year. The company secured approval from NSE and BSE for reclassification of Mr. Vijay Kumar Chukkapalli from the Promoter Group to Public shareholder category, with no change in overall promoter or public shareholding percentages....
Avanti Feeds reported consolidated revenue of ₹1435.02 Cr with PBT of ₹211.44 Cr and net profit of ₹157.19 Cr for the year. Shrimp feed continues as the main revenue driver. Improved cash flow supports ongoing operations and expansion plans. The board has proposed a ₹9 per share dividend, indicating confidence...
AvantiFeeds has announced a board meeting to approve the financial results for the quarter and half-year. Revenue grew steadily, driven by shrimp feed and processed shrimp segments. Profit before tax remained strong, aided by cost control and operational efficiencies. A final dividend of Rs. 9/share is proposed, subject to shareholder...