Advanced Enzyme Technologies Limited has officially completed the extinguishment of 8,25,028 fully paid-up Equity Shares. These shares were repurchased through the open market route during August 2026, as part of the company’s ongoing buyback program. The process aligns with the SEBI Buy-Back Regulations, 2018, and has been confirmed by depositories and secretarial auditors.
Share Extinguishment Confirmed
Advanced Enzyme Technologies Limited announced on September 8, 2026, the extinguishment of 8,25,028 Equity Shares. These shares, each with a face value of ₹2, were bought back from the open market during August 2026. This action is a culmination of the company’s equity share buyback program, executed in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.
Regulatory Compliance and Documentation
The company has submitted a certificate confirming compliance with relevant SEBI regulations for the extinguishment process. This is further supported by debit confirmation from Central Depository Services (India) Limited for the specified number of shares in dematerialized form. The process involved verification by the company’s secretarial auditors, Shiv Hari Jalan & Co., who provided limited assurance regarding the extinguishment.
Key Details of Buyback
The extinguished shares were held through the Central Depository Services (India) Limited, with Emkay Global Financial Services Limited acting as the depository participant. The extinguishment was effected on September 2, 2026. The total number of equity shares extinguished in dematerialized form matches the number of shares bought back, confirming the completion of this phase of the buyback initiative.
Source: BSE
