Advanced Enzyme Technologies has acquired 4.83% additional stake in JC Biotech (JCB) (existing 85% subsidiary) by way of purchase of 1,000,000 Equity shares from one of the existing shareholder of JCB at a total consideration of Rs 6.80 crore. Post completion of transfer of said shares, the shareholding of the Company in JCB has increased to 89.83% of paid-up share capital of JCB.
Advanced Enzyme Technologies is a research driven company with global leadership in manufacturing of enzymes and probiotics. It is the largest Indian enzyme company engaged in the research and development, manufacturing and marketing of vast proprietary products developed from many indigenous enzymes & probiotics.
