Advanced Enzyme Technologies Increases Investment in Wholly Owned Subsidiary Advanced Nutrazyme Private Limited

Advanced Enzyme Technologies Increases Investment in Wholly Owned Subsidiary Advanced Nutrazyme Private Limited

Advanced Enzyme Technologies Increases Investment in Wholly Owned Subsidiary Advanced Nutrazyme Private Limited​

Advanced Enzyme Technologies Limited has completed an additional investment in its wholly owned subsidiary, Advanced Nutrazyme Private Limited (ANPL). The investment was made through a rights issue involving 2,50,000 Equity Shares of ₹ 10 each.

The injection of capital by the company brings the total investment into ANPL to ₹ 3 million. This investment activity increased AETL’s holding in ANPL to 3,00,000 Equity Shares of ₹ 10 each.

ADVENZYMES Stock Price Movement​

Shares of Advanced Enzyme Technologies Limited slipped on Friday, settling at ₹367.05 after shedding 2.52% in trading. The stock recorded a traded volume of 155,728 shares, which saw it fall from its previous closing price of ₹376.50.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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