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 approval.

Management changes include the appointment of Mr. V Raghunath as Nominee Director, Mr. Alluri Nikhilesh as Non-Executive Additional Director, and re-appointment of Independent Director Mr. V Narsi Reddy.

Internal audits show no major concerns.