AVT Natural Products has informed that the board in its meeting approved the Unaudited financial results of the Company for the first quarter ended 30th June 2018, Trial production at the New 100% Export Oriented Unit at Tiptur in Karnataka dedicated for Marigold process is underway and the Commercial Production would commence by first week of September 2018, and Board has decided to suspend and reevaluate its OTC brand Nutraceutical business in view of difficult market conditions. Further, the Company has informed about the Limited Review report issued by PKF Sridhar & Santhanam LL.P, Chartered Accountants, Chennai on the above results. The meeting of the Board of Directors concluded at 10.40 am today, 14th August 2018.
The above information is a part of company’s filings submitted to BSE.
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