Avanti Feeds Limited — Important, 28-02-2025: General Updates

Thai Union Asia Investment Holding Limited has communicated its intention to transfer an 8.77% shareholding, equivalent to 1,19,54,826 equity shares, of Avanti Feeds Limited to its holding company, Thai Union Group Public Company Limited. This transfer is an internal move within the same corporate group and will be executed in one or more tranches with the assistance of IIFL Facilities Services Limited, which will act as an intermediary to facilitate the transaction. The management emphasizes their commitment to Avanti Feeds and sees this transfer as a continuation of their long-standing investment. This internal restructuring could positively impact the corporate governance dynamics and strategic alignment of both entities.