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Avanti Feeds Ltd. Company History and Annual Growth Details
1993 - Avanti Feeds Limited was founded by renowned industrialist late Sri Alluri Venkateswara Rao and involved in the business of animal feed, frozen shrimps shrimp feed, shrimpsheel meal frozen, processed food and meat.
2002 - Company was ranked 635th in terms of net sales during 2001-2002 by Business Standard.
2004 - Company had received a composite score of 11 out of a possible 15 in Industry 2.0's SCM Metrics study.
- Company was ranked 487th in the FE-500 ranking of 2004.
2005 - Board of directors of the company had decided to change the object clause of the memorandum of association.
2007 - Sri. A Indra Kumar was appointed as the managing director of the company for a period of five years.
2008 - On 26th March 2008, board of directors of the company had approved the scheme of arrangement for the transfer of Power Business to Sanjeev Agro Vot Pvt Ltd as per Section 391 to 394 and other applicable provisions of the Companies Act.
-Mr. Tin King Chap has been appointed as an Additional Director of the Company
-Avanti Feeds Ltd has recommended 10% dividend
-Avanti Feeds Ltd has recommended a dividend of Rs. 6.50 ps per each equity share
2013 - Board recommended a Dividend of Rs. 6.50 per equity share of Rs. 10 each
2014 - Board recommended a Dividend of Rs. 15/- per each equity share of Rs. 10 each.
-The Registered Office of the Company has been shifted from Hyderabad to House No.3, Plot No.3, Baymount, Rushikonda, Visakhapatnam - 530045, Andhra Pradesh.
2015 -Avanti Feeds has splits its face value from Rs. 10 to Rs. 2