SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Avanti Feeds to acquire 100% stake in Avanti Frozen Foods

06 Jul 2015 Evaluate

Avanti Feeds has received an approval for purchase of total equity shares of Avanti Frozen Foods, comprising of 5,000 equity shares of Rs10 each fully paid from A. Indra Kumar and 5,000 equity shares of Rs 10 each fully paid from C. Ramachandra Rao at par. Consequent on purchase of shares, Avanti Frozen Foods will be a wholly owned subsidiary of the company. The board of directors at their meeting held on July 04, 2015 has approved for the same.

The board also approved to transfer the existing shrimp processing facilities of the company at Ravulapalem, East Godavari District, Andhra Pradesh to Avanti Frozen Foods to facilitate bringing the shrimp processing facilities under one roof.

Further, board approved implementation of a new Shrimp Processing Facility in East Godavari District, Andhra Pradesh, by Avanti Frozen Foods, a subsidiary of Avanti Feeds and to expand shrimp feed production capacity by setting up a new shrimp feed plant in West Godavari District, Andhra Pradesh.



Avanti Feeds Share Price

1474.55 82.55 (5.93%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Godrej Agrovet 614.20
Avanti Feeds 1474.55
KSE 205.05
Mukka Proteins 24.12
Prima Agro 16.14
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×