Avanti Feeds Limited Clarifies Significant Increase in Trading Volume
Mumbai, June 20, 2024 Avanti Feeds Limited (AFL) has issued a statement in response to an inquiry from the National Stock Exchange (NSE) regarding a significant surge in its trading volume observed recently. This measure aims to ensure transparency and safeguard investor interests.
Background
On June 18, 2024, the NSE contacted Avanti Feeds, seeking clarification on the sudden increase in trading activity surrounding the company’s shares. The exchange’s intervention underscores its commitment to maintaining a fair and transparent marketplace.
Company Response
Avanti Feeds Limited has acknowledged the NSE’s request and provided the necessary clarification. The details of the response are accessible on the NSE website under the Corporate Filings section. Investors and stakeholders are encouraged to review the announcement for comprehensive insights.
About Avanti Feeds Limited
Avanti Feeds is a leading manufacturer of prawn and fish feeds in India, with a significant presence in the aquaculture industry. The company is known for its high-quality products and robust market performance.
Accessing the Clarification
For the full statement and additional details, visit the NSE Corporate Filings under the Announcements section.
This proactive step by the NSE and Avanti Feeds ensures that the market remains well-informed, supporting investor confidence and market stability.
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