Avanti Feeds-led arm recalls several shrimp products in US due to potential containing of Salmonella; Stock slumps 2%

There have been six (6) reports of Salmonella-related illness associated with these cooked Shrimps distribution, so far according to USFDA.

Jun 29, 2021 03:06 IST India Infoline News Service

Avanti Feeds
Avanti Feeds on Tuesday said that USFDA/CDC intimated about certain consignments of Shrimps shipped to the USA by Avanti Frozen Foods (AFFPL), a subsidiary of Avanti Feeds, the potential for contamination for containing Salmonella in those Products-Recall of such products.

About a week ago, the company's subsidiary 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.

The US health regulatory 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 a 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.

On the advice of the US FDA, AFFPL has issued a press release in the 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.

Avanti Feeds further stated that 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 the USA," the company said.

AFFPL has sufficient "Product Liability Insurance" coverage in the event of any claim.

Also, Avanti Feeds stated that since the extent of products under recall are insignificant, AFFPL envisages that considering the longstanding and reliable customers network in the USA, the present issue may not have any stress on it.

AFFPL is a subsidiary of Avanti Feeds Ltd.(AFL), engaged in processing and exports of Shrimps to the USA, Europe and other countries.

On Sensex, Avanti Feeds closed at Rs531.55 per piece down by 2%. 

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