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Avanti Feeds informs about corporate announcement

03 Dec 2022 Evaluate

Pursuant to Regulation 30 read with the Clause B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avanti Feeds has informed that commercial production at new Feed Manufacturing plant situated at Bandapuram, Andhra Pradesh has been successfully commenced with effect from December 03, 2022, with an estimated total cost of Rs 125 crores. The company has expanded operations at its existing plant situated at Andhra Pradesh; through an additional capacity of 1,75,000 MTs. The total production capacity (all units) of the company has been increased from 6,00,000 MTs to 7,75,000 MTs.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Godrej Agrovet 628.35
Avanti Feeds 699.40
Mukka Proteins 26.13
Mayank Cattle Food 103.00
Prima Agro 16.03
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