Avanti Feeds Limited — Important, 28-05-2025: General Updates

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.