Advanced Enzyme Technologies Limited has officially extinguished 6,97,582 fully paid-up Equity Shares. These shares were bought back through the open market route during October 2026. This action aligns with the SEBI Buy-Back Regulations and follows a public announcement made on August 10, 2026. The company’s paid-up share capital has been adjusted accordingly, reflecting the reduced number of outstanding equity shares.
Share Capital Reduction Post Buyback
Advanced Enzyme Technologies Limited has completed the extinguishment of 6,97,582 Equity Shares. These shares, each with a face value of ₹2/-, were repurchased through the open market mechanism via stock exchanges during the month of October 2026. This action is a direct consequence of the company’s ongoing share buyback program.
Regulatory Compliance and Financial Impact
The extinguishment was carried out in strict compliance with Regulation 11 read with Regulation 21 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, and subsequent to a public announcement dated August 10, 2026. The reconciliation of share capital clearly outlines the reduction in both the number of shares and the total share capital.
Reconciliation of Share Capital
Prior to the buyback and extinguishment, the company’s paid-up share capital stood at 11,19,76,150 shares with a total value of ₹22,39,52,300. After accounting for shares extinguished until the current date, including the 17,13,324 shares bought back previously, the total paid-up share capital was adjusted. The current extinguishment of 6,97,582 shares, valued at ₹13,95,164, brings the post-extinguishment paid-up share capital to 10,95,65,244 shares, amounting to ₹21,91,30,488.
The shares bought back during October 2026 were primarily in dematerialized form, totaling 6,97,582 shares with a value of ₹13,95,164.
Supporting Documentation
The company has provided supporting documentation, including a certificate confirming compliance with SEBI Buy-Back Regulations regarding the extinguishment of equity shares. Additionally, a debit confirmation from Central Depository Services (India) Limited for the dematerialized shares has been furnished.
Source: BSE
