StockWatch
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Biotechnology
Buyback7 Oct 2026, 03:35 pm

Advanced Enzyme Extinguishes 8.88 Lakh Shares Post Buyback

AI Summary

Advanced Enzyme Technologies Limited has extinguished 8,88,296 fully paid-up equity shares of face value ₹2 each. These shares were bought back from the open market route through stock exchanges during September 2026. This action is in compliance with SEBI Buy-Back Regulations. Following the extinguishment, the company's paid-up share capital has been reduced to ₹22,05,25,652 from ₹22,23,02,244, with the total number of outstanding shares decreasing accordingly. The company has provided a certificate of extinguishment and debit confirmation from CDSL.

Key Highlights

  • Company extinguished 8,88,296 equity shares.
  • Shares were acquired via open market buyback.
  • Buyback and extinguishment comply with SEBI regulations.
  • Paid-up share capital reduced post-extinguishment.
  • Total outstanding shares have decreased.