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Avanti Feeds

BSE: 512573 | NSE: AVANTIFEED | ISIN: INE871C01038 | SECTOR: Food Processing

381.90 -3.90 (-1.01%)

09 Jun 2023, 10:12 (IST)
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Company Description

  • Food Processing
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Avanti Feeds Limited is an integrated seafood company. Its segments include Shrimp Feed, Processed Shrimp, Power, and Shrimp Hatchery. The shrimp feed is manufactured and marketed to the 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 power purchase agreement. It has five shrimp feed manufacturing, two shrimp processing, a hatchery to produce shrimp larvae and a shrimp culture farm. Its products include raw shrimp, cooked shrimp, and value-added shrimp. Its value-added shrimps include marinated products, breaded products, skewers, and shrimp rings. It provides its products to various market, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

Company Officers

  • A. Kumar

    Chairman of the Board, Managing Director
  • C. Rao

    Chief Financial Officer, Chief Compliance Officer, Joint Managing Director, Company Secretary
  • A. Sanjeev

    Executive Director