Advanced Enzyme Technologies Limited has announced the closure of its equity share buyback program, which commenced on August 14, 2026. As of October 30, 2026, the company has successfully bought back 2,410,906 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 program concluded earlier than the scheduled 66 working days.
Buyback Program Concludes
Advanced Enzyme Technologies Limited has officially closed its buyback of fully paid-up equity shares. The program, which began on Friday, August 14, 2026, concluded at the end of market hours on Friday, October 30, 2026. This closure occurred prior to the scheduled completion of the 66 working days permitted for the buyback.
Key Buyback Figures
As of the closing date, the company reported that it had bought back a total of 2,410,906 Equity Shares. The average price paid per share was ₹289.09. The total amount utilized for the buyback amounted to ₹696,962,962.22. This figure represents 99.99% of the Maximum Buyback Size of ₹697,000,000, excluding transaction costs.
Share Extinguishment and Future Steps
The company confirmed that it had already extinguished 1,713,324 Equity Shares bought back by September 2026. The remaining 697,582 Equity Shares acquired during October 2026 will be extinguished within the timelines mandated by the Buyback Regulations. A Post Buyback Public Announcement will be released in due course.
Shareholding Pattern Update
The shareholding pattern pre-buyback (as of August 08, 2026) and post-buyback (as of October 30, 2026) has been provided. Notably, the percentage of Promoter and Promoter Group shareholding increased from 43.24% to 44.19%, while Public Shareholders’ percentage decreased from 56.76% to 55.81% following the buyback.
Source: BSE
