Advanced Enzyme Technologies closes ₹69.70 crore share buyback

The buyback closure in numbers

Buyback size and pace

Advanced Enzyme Technologies bought back 2,410,906 equity shares between the start of the buyback on 14 Aug 2026 and 30 Oct 2026, at an average price of ₹289.09 a share. The amount utilised was ₹69.70 crore, which the company says is 99.99% of the maximum buyback size, excluding transaction costs.

The buyback was made from the open market through the stock exchange mechanism, under the SEBI (Buy-Back of Securities) Regulations, 2018 and the Companies Act, 2013. It was offered to eligible shareholders other than promoters, promoter group members and persons in control of the company, with a price cap of ₹500 per equity share.

Share count and promoter holding

The total number of equity shares fell from 111,976,150 before the buyback, as on 8 Aug 2026, to 109,565,244 as on 30 Oct 2026, assuming all bought back shares are extinguished. Over the same period the promoter and promoter group holding rose from 43.24% to 44.19% of the equity share capital.

The company says it has already extinguished 1,713,324 shares bought back till Sep 2026 and will extinguish the remaining 697,582 shares bought back during Oct 2026 within the timelines set under the Buyback Regulations.

What the buyback closure means for Advanced Enzyme Technologies' shareholders

For shareholders, the buyback has ended with the company holding 2,410,906 shares for cancellation at an average price of ₹289.09, and the total share count is set to fall further once the October shares are extinguished. The public shareholding in the filing's Annexure fell from 63,556,665 shares to 61,145,759 shares.

The filing does not say why the company chose to buy back its shares, or what the buyback does to earnings per share or net worth. The post buyback public announcement will be released in due course, and extinguishment of the remaining 697,582 shares is the next step.

Reference: Original filing (PDF)