AVT Natural Products raises Kerala plant capacity

AVT Natural Products has informed the exchanges that the capacity of the instant tea (continuous extractor) plant at its existing factory at South Vazhakulam, Aluva, Kerala, has been increased to 1,000 tonnes per annum from 600 tpa, at an investment of ₹4.60 crore. Similarly, the capacity of the caffeine plant at the same unit was raised to 50 tpa from 14 tpa at an investment of ₹3.65 crore. Shares of AVT Natural jumped 4.64 per cent at ₹33.85 on the NSE.