Avanti Feeds to expand globally, divest windmills

Avanti Feeds Limited's board of directors, at its meeting on September 12, 2025, approved the incorporation of a wholly owned subsidiary in the Netherlands, European Union. This move signals a strategic expansion into the European market.

The company also approved the sale of four windmills with an aggregate capacity of 3.20 MW. These windmills have completed 20 years since installation and their power purchase agreement (PPA) for power supply to BESCOM, Karnataka, has expired. The expected realisable value from this sale is approximately Rs. 2.4 Crores. The sale of these assets is projected to be completed by the end of March 2026.

This division contributed 0.0367% of the consolidated turnover (Rs.1,62,89,822/-) and 0.37% of the total net worth of the company as of March 31, 2025. Avanti Feeds will identify potential buyers and execute agreements for sale in due course. The transaction is not categorized as a related party transaction.