Avanti Feeds Share Price

ABOUT Avanti Feeds

• Industry Food Processing
• ISIN INE871C01038
• BSE Code 512573
• NSE Code AVANTIFEED

Avanti Feeds Limited is engaged in manufacturing of shrimp feed. The Company operates through three segments: Shrimp Feed, Windmills, and Hatchery. The shrimp feed is manufactured and marketed to farmers, which is used in aqua culture to grow shrimp. The shrimps are purchased from the farmers and are further processed and exported to various countries. It has installed over four mills of over 3.2 megawatts capacity at Chitradurga, Karnataka. The power generated from windmills is sold to Bangalore Electricity Supply Company Limited (BESCOM) under a power purchase agreement. It has six shrimp feed manufacturing units and one hatchery. The Company’s products include raw shrimp, cooked shrimp, and value-added shrimp. Its value-added shrimps include marinated products, breaded products, skewers, and shrimp rings. The Company provides its products to various markets, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

MANAGEMENT

• A. Indra Kumar Executive Chairman of the Board, Managing Director
• C. Ramachandra Rao Chief Financial Officer, Compliance Officer, Joint Managing Director, Executive Director, Company Secretary
• A. Venkata Sanjeev Executive Director