The Board of Directors of Avanti Feeds Limited, in their meeting held on May 28, 2025, considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025, as per Indian Accounting Standards ("Ind AS").
The Statutory Auditors have issued Audit Reports with an 'Unmodified Opinion' on both the Standalone and Consolidated Financial Results for the year ended March 31, 2025.
A final dividend of ₹9.00 (Rupees Nine Only) per equity share of face value of ₹1/- each has been recommended for the financial year ended March 31, 2025. This recommendation is subject to the approval of the shareholders at the forthcoming Annual General Meeting (AGM) of the Company. The dividend will be credited/warrants dispatched within specified timelines from the conclusion of the AGM.
Mr. V Raghunath (DIN: 10405110) has been appointed as a Nominee Director, nominated by APIDC, effective May 28, 2025, subject to shareholder approval in the ensuing AGM.
Mr. Alluri Nikhilesh (DIN: 07717702) has been appointed as a Non-Executive Additional Director of the Company, effective May 28, 2025. He will hold office as Additional Director until the conclusion of the ensuing General Meeting or for a period of three months from the date of appointment, whichever is earlier.
The re-appointment of Mr. V Narsi Reddy (DIN: 08685359) as an Independent Director for the 2nd consecutive term of five (5) years, with effect from November 12, 2025, to November 11, 2030, has been recommended, subject to shareholder approval in the ensuing AGM.
M/s V. Bhaskara Rao & Co (Firm Reg. No. P2025TS104600), Practising Company Secretary, has been approved as Secretarial Auditors of the Company for a period of five consecutive years, commencing from FY 2025-26 to FY 2029-2030, subject to approval of the Members of the Company at the ensuing AGM.
The 32nd Annual General Meeting for the members of the Company will be held on Thursday, August 14, 2025, through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM").