Avanti Feeds Limited at its board meeting held on November 12, 2020, based on nomination of Sri Karikal Valaven IAS, as Nominee Director in the place of Dr. Rajat Bhargava, IAS, the Board approved the appointment of Sri Karikal Valaven IAS, as Nominee Director with effect from November 12, 2020 and based on recommendations by Nomination and Remuneration Committee, the Board approved the appointment of Sri V Narasi Reddy, as an Additional, Non-Executive, Independent Director of the Company for a tenure of 5 years with effect from November 12, 2020, which shall be subject to the approval of the Members of the Company.
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.
AVANTI FEEDS LIMITED 
