Investment6 Jun 2026, 08:21 pm
Advanced Enzyme Invests ₹2.5M in Subsidiary ANPL
AI Summary
Advanced Enzyme Technologies Ltd has completed an additional investment of ₹2.5 million in its wholly owned subsidiary, Advanced Nutrazyme Private Limited (ANPL). This investment was made through participating in ANPL's rights issue, acquiring 2,50,000 Equity Shares of ₹10 each. Following this transaction, Advanced Enzyme's total investment in ANPL has risen to ₹3 million, represented by 3,00,000 Equity Shares of ₹10 each. This move strengthens the subsidiary's capital base and Advanced Enzyme's overall stake.
Key Highlights
- Additional investment of ₹2.5 million made in subsidiary ANPL.
- Investment was through a rights issue of equity shares.
- Total investment in ANPL now stands at ₹3 million.
- Strengthens subsidiary's financial position and parent company's stake.
Price Impact
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