Avanti Feeds Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of Rs. 9 per equity share.
AVANTIFEED · price
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On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.8 pts more than its Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Avanti Feeds Limited, at its meeting held on May 28, 2025, has recommended a Final Dividend of Rs. 9 per equity share for its shareholders. This is subject to approval by the shareholders at the upcoming Annual General Meeting. The dividend, once approved, will be paid to shareholders whose names appear on the company's register as of the record date, which will be announced separately. This announcement signals the company's intention to reward shareholders and reflects its ongoing profitability and cash position.
A final dividend of Rs. 9 per share is a positive signal for shareholders, indicating the company's financial health and commitment to returning value. Investors typically view consistent dividends favorably, though the stock price may adjust downward by the dividend amount on the ex-date.