Filter announcements
Loading...
Avanti Feeds Ltd. manufactures and sells shrimp feed, and exports processed shrimp.
Avanti Feeds has fixed its Record Date for shareholders to be eligible for the FY2025-26 dividend. Investors should note this for dividend eligibility.
Avanti Feeds' board has approved financial results and a Rs 10 final dividend. Dr. A. Indra Kumar and Sri C. Ramachandra Rao were re-appointed for 5-year terms. Mrs. B. Santhi Latha is the new CFO. An impairment loss of Rs 12.97 Cr was recorded on an associate investment.
Avanti Feeds' Board approved investing USD 3 Million for a 10% stake in Thai Union Feedmill Ecuador S.A.S. This new entity will manufacture and distribute aquaculture feed in Ecuador, South America, marking an international expansion.
Avanti Feeds' board approved Q3 & nine-month results. Q3 revenue hit ₹1,383.52 Cr with ₹163.60 Cr profit. Strategically, the company invested ₹0.25 Cr for a 0.8% stake in AI HR tech startup Quanta People Solutions, eyeing future growth, and exited its non-core windmill segment.