Commercial Credit Report for Avanti Feeds Ltd (Parent)

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	Avanti Feeds Ltd (Parent)
6-3-658
G-2, Concorde Apartment,, Somajiguda
Phone: +91 4023310260p:+91 4023310260	HYDERABAD, 500082 India	Fax: +91 4023311604f:+91 4023311604

Business Summary

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.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
6/30/2023	3/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2048	Prepared feeds and feed ingredients for animals and fowls, except dog and cat
2092	Prepared fresh or frozen fish and seafoods
4911	Electric services
0273	Animal aquaculture

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman of the Board, Managing Director	A. IndraKumar	61	7/1/2021
Independent Chairman of the Board	J. V.Ramudu	68	7/1/2021	11/10/2018
Chief Financial Officer, Chief Compliance Officer, Joint Managing Director, Company Secretary	C. RamachandraRao	68	4/1/2022	4/1/2022
5 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	136,245,630	(As of 3/31/2023)
Fax Number:	+91 4023311604

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