Our Company is one of the integrated producer and exporter of shelf stable quality aquaculture products. We supply our ready-to-cook products to a diversified customer base consisting of food companies, retail chains, restaurants, club stores and distributors spread across the developed markets of USA, UK and various European countriesOur output majorly comprises of variants of processed Vannamei shrimp (White shrimp) and are sold under the brands owned by our customers and also through our brands namely Bay fresh, Bay Harvest and BayPremium. We strategically focus on the market of USA, which is the largest importer of aquaculture products in the world (Source- Crisil Report). Our integrated operations comprise of hatchery, farming, pre-processing, processing and exporting of aquaculture products. Our products and processes comply with stringent quality standards set by the developed markets we serve.
Our Company operates out of Andhra Pradesh, which is the most favourable state in India for aquaculture business. Our integrated operations span across our hatchery and farming on 1,032 acres of land and currently processing of approximately over 9,240 MTPA of finished products at our facility located at Kakinada. Our facility is approved by the Export Inspection Council for export to all countries excluding Australia and Custom Union. Our facility is also certified with BRC Food Grade, Best Aqua Culture Practices, HACCP and ASC.
For over two decades, our promoters have been associated with aquaculture business in Andhra Pradesh. Our Company leased a shrimp processing facility and commenced operations in the year 1995 after which we set-up our own shrimp processing facility in the year 2004.
We commenced our export business since our inception as a partnership firm in the year 1995. We have grown at a CAGR of 33.53% over the last four years aided by rising demand for aquaculture products globally especially from USA and European Union, favourable state policies, and shifting of seafood processing activities by south-east Asian countries to India.
Our processing facility is located at Kakinada, Andhra Pradesh with a capacity to process approximately over 9,240 MTPA of finished products and an additional pre-processing and processing arrangement at a facility owned by Royale Marine Impex Private Limited located at Bapatla, Andhra Pradesh, for a capacity to process around 3,000 MTPA of finished products. The processing facilities are supplemented by cold storage facilities located at Kakinada and Bapatla. Along with this, to further assuage our operations, we have our own fleet of vehicles with freezing capabilities.
Our board of directors
Mr. K. Satyanarayana Murthy (DIN: 05107525)
Executive Chairman
Date of Birth: 06.03.1955
Mr. K. Satyanarayana Murthy is the Executive Chairman and Co-Promoter of the Company. He has over 30 years of extensive experience in the aqua industry and has played a key role in the growth and strategic development of the Company. He is responsible for overseeing the overall management and day-to-day affairs of the Company, implementing Board-approved strategies, and guiding the business in its best interests.
He does not hold directorship in any other listed entity.
Mr. Karuturi Subrahmanya Chowdary (DIN 03619259)
Managing Director & Chief Financial Officer
Date of Birth: 02.12.1979
Mr. Karuturi Subrahmanya Chowdary is the Managing Director, CFO, and Co-Promoter of the Company. He has been associated with the Company since its inception and has over 24 years of experience in the aqua sector. He has led product development initiatives, capacity expansion, and strategic growth of the Company. He is responsible for managing operations, finance, and overall business strategy.
He does not hold directorship in any other listed entity.
Mrs. Neelima Devi Karuturi (DIN 06765515)
Whole-Time Director
Date of Birth: 27.08.1984
Mrs. Neelima Devi Karuturi is the Whole-Time Director and Co-Promoter of the Company. She holds a Bachelor’s degree in Science and has over 13 years of experience in administration and CSR functions within the aqua industry. She oversees administration, human resources, CSR initiatives, and supports the Company’s governance and operational framework.
She does not hold directorship in any other listed entity.
Mr. B. Raghavulu Naidu (DIN 09158333)
Independent Director
Date of Birth: 14.06.1960
Mr. B. Raghavulu Naidu is an Independent Director of the Company. He is a Practicing Advocate with over 36 years of legal experience, including practice before the Hon’ble High Court of Madras and a distinguished legal career with State Bank of India. He brings valuable expertise in corporate laws, governance, compliance, litigation, and risk management.
He does not hold directorship in any other listed entity.
Mr. Govindareddy Krishnamoorthy (DIN 09208749)
Independent Director
Date of Birth: 07.06.1954
Mr. Govindareddy Krishnamoorthy is an Independent Director of the Company. He is a Practicing Chartered Accountant with over 40 years of post-qualification experience. He possesses strong expertise in finance, accounting, audit, internal controls, governance, and risk management, contributing significantly to Board and Audit Committee oversight.
He does not hold directorship in any other listed entity.
Mrs. Deepthi Talluri (DIN:08726143)
Independent Director
Date of Birth: 27.05.1983
Mrs. Deepthi Talluri is an Independent Director of the Company. She is a Human Resource professional with over 19 years of experience in human resource management, organizational development, and business transformation. She holds a PGDM in Human Resource Management and brings expertise in people strategy, governance, change management, and leadership development.
She does not hold directorship in any other listed entity.
