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Avanti Feeds

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

513.10 1.05 (0.21%)

26 Feb 2024, 05:40 (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 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 five shrimp feed manufacturing units, two shrimp processing units, 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 markets, such as Europe, Japan, Korea, China, Russia, Canada, and the Middle East.

Company Officers

  • A. Indra Kumar

    Chairman of the Board, Managing Director
  • C. Ramachandra Rao

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

    Executive Director