Advanced Enzyme Technologies' Board approved a buyback up to ₹ 69.7 Cr via the open market.

The maximum price for the buyback is ₹ 500 per share, aiming to repurchase up to 13.94 lakh shares, representing about 1.24% of current paid-up equity.

The offer is expected to open within 4 working days of the public announcement and close within 66 working days or earlier.

The company aims to utilize at least ₹ 52.27 Cr of the buyback size.