Avanti Feeds Limited, a Hyderabad-based shrimp food and shrimp exporter, has allotted 1.19 million equity shares of Rs 10 each at a premium of Rs 30 per share to Thai Union Frozen Products Plc of Thailand.
The board of directors of Avanti Feeds, at its meeting held on December 9, 2008, also approved the constitution of a share allotment committee comprising board members for allotment of 2,61,000 equity shares of Rs10 each at a premium of Rs 30 per share to Srinivasa Cystine Limited (promotor) before December 20, 2008, the company informed the BSE on Wednesday.
