Avanti Feeds ltd. — AGM Information 2025

Aug 14, 2025

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August 14, 2025

To BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai – 400001, Maharashtra, India.

To National Stock Exchange of India Ltd., Exchange Plaza, Bandra (East), Mumbai – 400051, Maharashtra, India.

BSE Code: 512573

NSE Code: AVANTIFEED

Dear Sir/Madam,

Sub: Proceedings of 32[nd] Annual General Meeting (“AGM”) held on August 14, 2025

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We refer to our letter dated July 19, 2025, we wish to inform that the 32[nd] Annual General Meeting (‘AGM’) was held on Thursday, August 14, 2025 at 11:00 A.M (IST) through video conferencing / other audio visual means (“VC”), in compliance with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India and other applicable provisions of the Companies Act, 2013.

The summary of Proceedings of the 32[nd] AGM of the Company as required under Regulation 30 read with Para A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) is enclosed herewith as Annexure A.

Further, the details in accordance with SEBI LODR read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024 is enclosed as Annexure-B.

We request you to take the above information on your records.

Thanking you,

Yours faithfully,

for Avanti Feeds Limited

RAMACHAND Digitally signed by RAMACHANDRA RAO RA RAO CUDDAPAH Date: 2025.08.14 CUDDAPAH 18:26:55 +05'30'

C. Ramachandra Rao Joint Managing Director, Company Secretary, Compliance Officer & CFO DIN: 00026010

Encl: As above.

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Annexure - A

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Summary of Proceedings of the 32[nd] Annual General Meeting of the Members of Avanti Feeds Limited

The 32[nd] Annual General Meeting ( ‘ AGM ’ ) of the Members of Avanti Feeds Limited ( ‘ the Company ’ ) was held on Thursday, 14[th] August, 2025 at 11:00 A.M (IST) through Video Conferencing / Other Audio Visual Means ( ‘ VC ’ ) in compliance with Circulars issued by Ministry of Corporate Affairs (‘ MCA ’) and other applicable provisions of the Companies Act, 2013 and circulars issued by the Securities and Exchange Board of India (‘ SEBI ’).

Sri K. Rajasekhar, Manager, welcomed the Members from the Registered Office of the Company and handed over the proceedings to Dr. A. Indra Kumar, Chairman and Managing Director (CMD) of the Company.

Thereafter, Dr. A. Indra Kumar, CMD, chaired the Meeting from the Corporate Office of the Company at Hyderabad, and called the Meeting to order as the requisite quorum was present.

The Chairman then commenced the proceedings of the Meeting and introduced the Board of Directors, Key Managerial Personnel, Independent Auditors and Scrutinizer for e -Voting.

The Chairman informed that the notice convening the 32[nd] AGM of the Company, along with the Annual Report was taken as read.

He then requested Sri C. Ramachandra Rao, Joint Managing Director, Company Secretary and CFO to continue the proceedings.

Sri C. Ramachandra Rao, welcomed the Members and informed that, as the Meeting was being held through VC, the appointment of proxies by the Members was not applicable. Further, he informed that the documents related to this AGM

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and that are mandated to be made available for inspection as required under the Companies Act, 2013, were made available for inspection electronically.

He further informed that, the Company had provided a remote e -Voting facility to Members to cast their vote(s) electronically, on all resolutions as mentioned in the notice of AGM. Further, the e -Voting facility was also made available to Members to cast their vote(s) during the AGM who had not cast their vote(s) using the remote e -Voting facility. He then requested the Chairman to address the Members.

The Chairman then addressed the Members.

The Chairman started his address by congratulating the Indian Armed Forces on Operation SINDOOR and the Hon’ble Prime Ministers vision to “MAKE IN INDIA” and build on “ATMA NIRBHAR BHARAT”.

The Chairman highlighted the company's resilience amid global challenges such as geopolitical tensions, trade disruptions, and shifting market dynamics. He emphasized the impact of the 50% reciprocal tariff imposed by the US on Indian shrimp exports and the company's strategic efforts to diversify into new markets like the EU, Japan, and the Middle East. .

He later gave an overview on key developments over the year included high capacity utilization in feed manufacturing, the launch of a new shrimp processing unit, entry into the pet care segment with the “Avant Furst” brand, and expansion into domestic markets under the “Avanti Delights” brand.

Further, he provided the progress made by investing in fish feed R&D and sustainable initiatives like solar energy and coastal bio-shield plantations. CSR efforts under the Avanti Foundation continue across health, education, water, sports, and elderly care.

The Chairman expressed confidence in India's economic trajectory and gratitude for stakeholders' continued support.

Thereafter, Members who had registered as speaker(s) were invited one by one to put their view(s)/remark(s) or queries.

Dr. A. Indra Kumar, Chairman and Managing Director, answered all the queries.

The following agenda items were transacted at the Meeting:

ORDINARY BUSINESS:

1. To receive, consider and adopt the Audited (Standalone and Consolidated) Financial Statements of the Company for the Financial Year ended 31[st] March, 2025 together with the reports of the Board of Directors and Auditors thereon; and

2. To declare a Dividend of Rs. 9.00 (Rupees Nine only) per equity share of Rs.1/- each fully paid, for the Financial Year 2024-25.

3. To appoint a Director in place of Mr. A. Venkata Sanjeev (DIN: 07717691), who retires by rotation.

4. To appoint a Director in place of Mr. Peerasak Boonmechote (DIN:10047883), who retires by rotation.

SPECIAL BUSINESS:

1. Re-appointment of Mr. V Narsi Reddy (DIN: 08685359) as an Independent Director of the Company for a period of Five (5) years.

2. Appointment of Mr. Alluri Nikhilesh Chowdary (DIN: 07717702) as a NonExecutive Director of the Company.

3. Appointment of Mr. Raghunath Vemali (DIN:10405110) as Non-Executive, Nominee Director of the Company

4. Appointment of M/s. V. Bhaskara Rao & Co., Practicing Company Secretaries, as Secretarial Auditors of the Company.

Sri C. Ramachandra Rao informed the Members that in compliance with the Rule 20 of the Companies (Management and Administration) Rules, 2014, all the members were given an option to cast their vote(s) through electronic means on all the resolutions of the Notice using the KFinTech Technologies Limited (‘ KFinTech ’) platform. He further informed that the Members who have not cast their vote(s) earlier electronically can cast their vote(s) electronically during the AGM to exercise their voting rights. The remote e -Voting period commenced at 9:00 A.M (IST) on Monday, 11[th]

August, 2025 and concluded at 5:00 P.M (IST) on Wednesday, 13[th] August, 2025.

It was further informed that, the Board of Directors had appointed Sri V. Bhaskara Rao (Membership No. FCS 5939, CP No. 4182) partner of M/s. V Bhaskara Rao & Co., Practising Company Secretaries, Hyderabad, as the Scrutinizer to scrutinize the remote e -Voting as well as the e -Voting facility provided during the AGM.

Sri C. Ramachandra Rao later thanked the Members for their participation in the AGM through VC and for making it a success. He further announced that 15 dedicated Minutes were provided for Members to cast their vote(s) who have not cast their vote(s) through remote e -Voting. Thereafter, the Meeting concluded at 11:57 A.M (IST) after the conclusion of 15 Minutes provided for the aforesaid e -Voting at the Meeting.

This is for your information and record.

For Avanti Feeds Limited

RAMACHANDR Digitally signed by RAMACHANDRA RAO A RAO CUDDAPAH Date: 2025.08.14 18:50:39 CUDDAPAH +05'30'

C. Ramachandra Rao

Joint Managing Director,

Company Secretary, Compliance Officer & CFO DIN:00026010

Annexure B

Details as required in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024

Sl. No.	Particulars	Remarks
1	Date of the Meeting	14thAugust, 2025
2	Brief details of items deliberated and results thereof	The results of remote e-Voting and e-Voting during the 32ndAnnual General Meeting (AGM), on the resolutions as set out at Item Nos. 1 to 8 of the Notice of the AGM, will be submitted to the stock exchanges separately, in the format prescribed under Regulation 44 of the Listing Regulations
3	Brief details of items deliberated and results thereof	The Company had provided a remote e-Voting facility to the members to exercise their votes electronically from Monday, 11thAugust, 2025 at 9:00 a.m. (IST) and ended on Wednesday, 13th August, 2025 at 5:00 p.m. (IST) on the resolutions as set out at Item Nos. 1 to 8 of the Notice of the AGM. Members who participated in the 32ndAGM through VC/ OAVM facility and had not cast their votes on the Resolution(s) using remote e-voting, and who were otherwise eligible, were provided the facility to e-Vote on the E-voting portal during the AGM.

RAMACHAN Digitally signed by RAMACHANDRA DRA RAO RAO CUDDAPAH Date: 2025.08.14 CUDDAPAH 18:51:13 +05'30'