Avanti Feeds Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Avanti Feeds Limited has approved the unaudited financial results for the quarter and half-year ended September 30, 2024. Total income was reported at ₹241.64 crore, with a net profit of ₹22.11 crore for the half-year. Additionally, the Board authorized the reclassification of Mr. Vijaya Kumar Chukkapalli from the "Promoter Group" to "Public" status, subject to necessary approvals. This decision reflects the company's compliance with regulatory conditions pertaining to shareholding classifications and signifies a strategic move towards broadening its shareholder base.