Avanti Feeds has officially announced its board approval for a strategic $3.00 million investment to acquire a 10% stake in Thai Union Feedmill Ecuador S.A.S., marking a significant step in the company's international expansion strategy. The board meeting was held on April 01, 2026, commencing at 11:30 A.M. (IST) and concluding at 02:45 P.M. (IST).

Investment Structure and Details

The approved investment will see Avanti Feeds acquire a minority stake in the aquaculture feed business, positioning the company to benefit from the growing South American aquaculture market. The investment involves cash consideration with share subscription at par value.

Corporate Structure and Partnership

Thai Union Feedmill Ecuador S.A.S. is yet to be incorporated and will be held by Thai Union Feed Mill Public Company Limited, Thailand, which serves as an associate company and joint venture partner of Avanti Feeds Limited. This strategic relationship strengthens the partnership between the two companies in the aquaculture sector.

Business Focus and Market Expansion

TFME will be engaged in aquaculture feed manufacturing and distribution in Ecuador, South America. This investment represents Avanti Feeds' commitment to expanding its global presence in the aquaculture feed manufacturing sector, providing access to new markets and enhancing international operations.

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders. The investment details have been formally communicated to both BSE Limited and National Stock Exchange of India Ltd, with comprehensive documentation provided as per SEBI Circular requirements.

The investment aligns with the company's broader strategy of diversifying its geographical presence and strengthening its position in the global feed industry through strategic partnerships in emerging aquaculture markets.

Avanti Feeds has announced that Kotak Mahindra Mutual Fund has crossed the 5% shareholding threshold in the company, prompting the fund house to file mandatory disclosures under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The acquisition represents a strategic investment by one of India's prominent mutual fund houses in the aquaculture and animal feed company.

Transaction Details

The mutual fund acquired 62,044 equity shares of Avanti Feeds through open market transactions completed on March 10, 2026. This acquisition increased Kotak Mahindra Mutual Fund's total shareholding in the company from 6,781,738 shares to 6,843,782 shares.

Regulatory Compliance

The acquisition triggered disclosure requirements under Regulation 29(1) of SEBI's SAST Regulations, as the fund's holding exceeded the 5% threshold. Kotak Mahindra Asset Management Company Limited, acting as the investment manager for Kotak Mahindra Mutual Fund, filed the necessary documentation with the Bombay Stock Exchange on March 12, 2026.

Investment Structure

The shares were acquired through various schemes managed by Kotak Mahindra Mutual Fund, with the fund house clarifying that it does not belong to the promoter or promoter group of Avanti Feeds. The investment was made entirely through equity shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the transaction.

Company Overview

Avanti Feeds Ltd. maintains a total equity share capital of 13,62,45,630 equity shares of Rs. 1 each. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited, providing liquidity for institutional investors like mutual funds.

Market Implications

The acquisition demonstrates institutional confidence in Avanti Feeds' business prospects, with Kotak Mahindra Mutual Fund's investment representing a significant stake in the company. The open market acquisition method indicates the fund house's systematic approach to building its position in the stock over time.