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Avanti Feeds Ltd updates on recall of shrimps in USA
Posted On : 2021-06-29 19:54:46( TIMEZONE : IST )
Avanti Feeds Ltd has announced regarding identification by USFDA/CDC that certain consignments of Shrimps shipped to USA by Avanti Frozen Foods Pvt. Ltd., a subsidiary of Avanti Feeds Ltd., potential for contamination for containing Salmonella in those Products-Recall of such products.
Avanti Frozen Foods Pvt. Ltd. (AFFPL) is a subsidiary of Avanti Feeds Ltd.(AFL}, engaged in processing and exports of Shrimps to USA, Europe and other Countries.
About a week ago, AFFPL was informed by CDC (Centre for Disease Control, US Government) and USFDA that some of the cooked Shrimp products supplied by AFFPL are identified as potential for contamination for containing Salmonella in those Products.
USFDA advised AFFPL to voluntarily recall the identified products processed by AFFPL between 23.10.2020 and 09.11.2020 (about 18 days) which correspond to range of products imported and distributed from late December 2020 to late February, 2021. It does not mean that all recalled products are affected and recall is only as an abundant precaution.
As per the advice of the US FDA, AFFPL has issued a press release in USA recalling the relevant products from the market giving details of the products in the press release.
There have been Six (6) reports of Salmonella- related illness associated with these cooked Shrimps distribution, so far according to USFDA.
AFFPL has taken several preventive measures and initiatives to eliminate the potential recurrence, if any.
AFFPL has engaged the services of a senior and reputed Law Firm to advice and represent legal matters related to this subject, if any, in USA.
AFFPL has sufficient "Product Liability Insurance" coverage in the event of any claim.
Since the extent of products under recall are insignificant, AFFPL envisages that considering the longstanding and reliable customers network in USA, the present issue may not have any stress on it.
Shares of AVANTI FEEDS LTD. was last trading in BSE at Rs.531.55 as compared to the previous close of Rs. 542.25. The total number of shares traded during the day was 90441 in over 4749 trades.
The stock hit an intraday high of Rs. 553.6 and intraday low of 525.55. The net turnover during the day was Rs. 48739811.
