AEAdvanced Enzyme Technologies540025Buyback completion

Extinguishment of ~6.98 lakh equity shares bought back in October 2026

Advanced Enzyme Technologies has extinguished ~6.98 lakh fully paid-up equity shares of face value Rs. 2/- each, bought back from the open market during October 2026.

By ScoutQuest · Thu 5 Nov 2026, 11:54 AM IST · 2 min read

Shares Extinguished

~6.98 lakh fully paid-up equity shares of face value Rs. 2/- each

Paid-up Share Capital After

10,95,65,244 shares (Rs. 21,91,30,488)

Paid-up Share Capital Before

11,19,76,150 shares (Rs. 22,39,52,300)

What the company informed

Advanced Enzyme Technologies has extinguished ~6.98 lakh fully paid-up equity shares of face value Rs. 2/- each. These shares were bought back from the open market through the stock exchanges during October 2026, under the ongoing buyback covered by a Public Announcement dated August 10, 2026.

• All ~6.98 lakh shares extinguished were held in dematerialised form; none were in physical form.
• The debit confirmation came from Central Depository Services (India) Limited, with the extinguishment dated November 03, 2026.
• A secretarial auditor's certificate states that the number of shares bought back during October 2026 and the number extinguished are equal.

Share capital before and after

The update sets out a reconciliation of paid-up share capital

• Paid up share capital prior to buyback: 11,19,76,150 shares, amounting to Rs. 22,39,52,300.
• Shares extinguished till date, before this current extinguishment: 17,13,324 shares, amounting to Rs. 34,26,648.
• Shares extinguished in this round, bought back during October 2026: ~6.98 lakh shares, amounting to Rs. 13,95,164.
• Paid up share capital after extinguishment: 10,95,65,244 shares, amounting to Rs. 21,91,30,488.

What extinguishment means

A buyback is when a company purchases its own shares; extinguishment is the step where those purchased shares are formally cancelled. Once cancelled, those shares cease to exist, so the total number of shares in the company comes down and the paid-up share capital on the books falls by their face value, here Rs. 13,95,164 for the ~6.98 lakh shares.

What it means for a shareholder

• The number of shares outstanding reduces, so each remaining share represents a slightly larger slice of the company.
• This is the closing step after a buyback: it records that the shares already bought have been cancelled and the share capital updated.

Details recorded in the update

• The shares were extinguished in dematerialised form, with Emkay Global Financial Services Limited shown as the depository participant for the company's demat account.
• The certificate is signed by Whole-time Director Mukund Kabra and Independent Director Vinodkumar Jajoo, along with the company secretaries Shiv Hari Jalan & Co. and MUFG Intime India Private Limited.

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