Kotak Mutual Fund bought 62,044 shares of Avanti Feeds for ₹7.47 Cr at ₹1204.20 apiece, increasing its stake from 4.97% to 5.02% and crossing the 5% disclosure threshold.
A leading manufacturer of aquaculture feed in India, Avanti Feeds specializes in producing high-quality shrimp feed for domestic and international markets. The company operates an integrated business model that combines feed manufacturing with shrimp processing and export operations, serving customers across Asia and beyond. This vertical integration enables consistent quality control throughout the supply chain and strengthens its competitive position in global aquaculture markets.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
