Extinguishment of 8,88,296 shares bought back in September 2026 under open market buyback

8,88,296 fully paid-up equity shares of Rs. 2/- each, bought back from the open market in September 2026, have been extinguished.

Wed 7 Oct 2026

Shares Extinguished

8,88,296 fully paid-up equity shares of Rs. 2/- each

Paid-up Capital After Extinguishment

11,02,62,826 shares (Rs. 22,05,25,652)

Paid-up Capital Before Buyback

11,19,76,150 shares

Advanced Enzyme Technologies Ltd has extinguished equity shares that it bought back from the open market. Here is what the intimation sets out.

What was extinguished

• 8,88,296 fully paid-up equity shares of face value Rs. 2/- each, bought back during September 2026 through the open market route through the stock exchanges, have now been extinguished.
• The shares were held in dematerialised form and the extinguishment was recorded as on October 05, 2026.

What extinguishment means

• When a company buys back its own shares and extinguishes them, those shares are cancelled and cease to exist.
• The total number of shares and the paid-up share capital of the company both come down. Each share still held then represents a larger proportion of the company.

Effect on share capital

The intimation gives a reconciliation of the paid-up share capital.

• Paid-up share capital prior to the buyback: 11,19,76,150 shares
• Shares extinguished till date, before this tranche: 8,25,028 shares
• Shares extinguished now, bought back in September 2026: 8,88,296 shares, carrying Rs. 17,76,592 of share capital
• Paid-up share capital after extinguishment: 11,02,62,826 shares, that is Rs. 22,05,25,652

In a second table in the same intimation, paid-up share capital before this extinguishment is shown as 11,11,51,122 shares, and after it as 11,02,62,826 shares (Rs. 22,05,25,652).

Supporting documents

• A certificate of extinguishment confirms the shares were extinguished in dematerialised form through Central Depository Services (India) Limited.
• A secretarial auditor's report states that, based on the procedures performed, nothing has come to their attention that causes them to believe that the equity shares bought back under the buyback offer, aggregating to 8,88,296, have not been extinguished.

To sum up: this is a record of shares already bought back being cancelled, and of the resulting reduction in the company's share capital and number of shares in issue.

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