Avanti Feeds Limited has informed the Exchange regarding 'Intimation of approvals received from Stock Exchanges for Reclassification of Mr. Vijay Kumar Chukkapalli, Promoter Group Shareholder under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations，2015'.
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Avanti Feeds Limited has received approvals from both NSE and BSE (dated June 26, 2025) to reclassify Mr. Vijay Kumar Chukkapalli from the 'Promoter Group' to the 'Public' category of shareholders under Regulation 31A of SEBI LODR Regulations. The company's application for this reclassification was originally filed on November 23, 2024. Importantly, Mr. Chukkapalli currently holds zero shares (0.00%) in the company, making this a formal/procedural reclassification. Post-reclassification, promoter holding remains unchanged at 43.23% (5,88,95,153 shares) and public holding at 56.77% (7,73,50,477 shares). The reclassification has no material impact on the ownership or control structure of the company.
This is a housekeeping reclassification with zero impact on shareholding pattern or company control. Promoter holding remains at 43.23%, well below 50%, so there is no risk of management change or takeover concerns arising from this announcement.