Avanti Feeds Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 14, 2025
AVANTIFEED · price
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Avanti Feeds Limited held its 32nd Annual General Meeting on August 14, 2025, via video conferencing. All 8 resolutions placed before shareholders were passed with the required majority. Key items approved include the adoption of audited standalone and consolidated financial statements for FY25 (99.63% in favour) and a dividend of Rs. 9.00 per equity share for FY 2024-25, which was passed with near-unanimous support (99.9998%). Two directors — A. Venkata Sanjeev and Peerasak Boonmechote — were re-appointed by rotation with 94.61% and 95.93% approval respectively. Mr. V. Narsi Reddy was re-appointed as Independent Director for five years (98.51% in favour). Mr. Alluri Nikhilesh Chowdary was appointed as Non-Executive Director (94.60%) and Mr. Raghunath Vemali as Non-Executive Nominee Director, with the latter receiving the lowest backing at 90.68% in favour. M/s. V. Bhaskara Rao & Co. was appointed as Secretarial Auditor with 99.65% approval.
Routine procedural disclosure confirming shareholder approval of the dividend and board changes — no negative impact on shareholders. The Rs. 9 dividend is a positive cash return, and the relatively lower support (around 90-91%) for the nominee director appointment is a minor watchpoint but not concerning.