StockWatch
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Biotechnology
Buyback30 Oct 2026, 07:21 pm

Advanced Enzyme Technologies Closes Buyback

AI Summary

Advanced Enzyme Technologies Limited has announced the closure of its share buyback program, effective October 30, 2026. The company repurchased 2,410,906 equity shares at an average price of ₹289.09 per share, utilizing ₹696,962,962.22, which represents 99.99% of the maximum buyback size. The Buyback Committee approved the closure prior to the expiry of the stipulated period. The company has extinguished a significant portion of the bought-back shares and will complete the extinguishment of the remaining shares within regulatory timelines. The shareholding pattern has been updated to reflect the post-buyback scenario.

Key Highlights

  • Buyback program officially closed on October 30, 2026.
  • 2,410,906 shares bought back at an average price of ₹289.09.
  • 99.99% of the maximum buyback size was utilized.
  • Shareholding pattern updated post-buyback.
  • Extinguishment of shares is being completed as per regulations.