Advanced Enzyme Technologies540025Buyback completion

Post Buyback Public Announcement: 2,410,906 shares bought back at average price of ₹ 289.09/-

Advanced Enzyme Technologies has published its Post Buyback Public Announcement after the buyback closed on October 30, 2026.

By ScoutQuest · Sat 31 Oct 2026, 3:53 PM IST · 2 min read

99.99%Amount utilised as share of Maximum Buyback Size

Amount utilised as share of Maximum Buyback Size: 99.99%.

Shares Bought Back: 2,410,906 equity shares, or 2.15% of pre-buyback shares
Total Amount Utilised: ₹ 696,962,962.22/-, which is 99.99% of the ₹ 697,000,000 Maximum Buyback Size
Average Price: ₹ 289.09/-; highest ₹ 309.05/-, lowest ₹ 248.30/-

What was announced

The company has published its Post Buyback Public Announcement dated October 30, 2026, confirming that the buyback that commenced on Friday, August 14, 2026 closed on Friday, October 30, 2026, before the expiry of sixty-six working days from the commencement date.

Buyback in numbers

Shares bought back: 2,410,906 equity shares of face value ₹ 2/- each, representing 2.15% of the pre-buyback outstanding equity shares.
Average price: ₹ 289.09/- per Equity Share; the highest price was ₹ 309.05/- and the lowest ₹ 248.30/-.
Total amount utilised: ₹ 696,962,962.22/- (excluding transaction costs), equal to 99.99% of the Maximum Buyback Size of ₹ 697,000,000.
The shares bought back represent 172.95% of the Maximum Buyback Shares.
The Maximum Buyback Price set for the exercise was ₹ 500/- per Equity Share.

How the purchases were made

This was an open-market buyback through the stock exchange mechanism, not a tender offer. All shares bought back came from the dematerialised segment; no physical shares were accepted or bought back. Since purchases were made through the exchanges, the identity of any shareholder who sold more than 1% of the total equity shares in the buyback is not known.

Extinguishment of shares

Already extinguished as on October 30, 2026: 1,713,324 shares.
The balance 697,582 shares bought back between October 01, 2026 and October 30, 2026 are being extinguished within seven working days from the end of the Buyback Period, that is on or before November 11, 2026.

Share capital and shareholding

Pre buyback: 111,976,150 equity shares of ₹ 2/- each, with paid-up capital of ₹ 223.95 million.
Post buyback: 109,565,244 equity shares, with paid-up capital of ₹ 219.13 million (assuming extinguishment of all shares bought back).
Authorised capital is unchanged at 175,000,000 equity shares of ₹ 2/- each, or ₹ 350.00 million.
Promoter and Promoter Group: 48,419,485 shares, moving from 43.24% to 44.19% of the capital.
Public shareholders: from 63,556,665 shares (56.76%) to 61,145,759 shares (55.81%).

The promoter group's share count stays the same; its percentage rises because the total number of shares falls.

What this means

A buyback returns cash to shareholders who sold and reduces the number of shares in issue, which is why the paid-up capital figures move from ₹ 223.95 million to ₹ 219.13 million.
The buyback used almost the whole approved amount, 99.99% of the Maximum Buyback Size.
Because it was run through the open market, shareholders who wanted to participate had to sell on the exchanges during the buyback window, at prices that moved with the market.

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