Avanti Feeds dividend 2023: Board of Avanti Feeds on Wednesday announced a dividend of Rs 6.25 per equity share of the face value of Re 1 each fully paid up i.e., a 625 per cent payout for the financial year ended March 31, 2023. 

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"Recommended a dividend of Rs. 6.25/- (Rupees Six and Twenty Five Paisa only) per equity share of face value of Rs.1 /- each fully paid-up, for the financial year ended March 31, 2023, subject to the approval of Members at the ensuing Annual General Meeting," the company's regulatory filing read. 

Avanti Feeds corporate actions

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Avanti Feeds share price NSE, Avanti Feeds share price history 

At the time of writing this report, shares of the company were trading over 4 per cent higher to Rs 381.2 apiece on the NSE, up by 4.61 per cent or Rs 16.8. Avanti Feeds's stock has given a negative return of over 11 per cent in the last year (May 24, 2022). In comparison, the headline index Nifty 50 has rallied nearly 14 per cent.

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