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Advanced Enzyme Technologies completes further investment in AEE

19 Dec 2024 Evaluate

Advanced Enzyme Technologies has completed the further investment in Advanced Enzymes Europe B.V., (AEE) -- Wholly Owned Subsidiary of company  through an acquisition of new issue of 3,623,163 Equity Shares of AEE, for a consideration of Rs 47.82 crore. AEE continues to be the wholly owned subsidiary of the Company and there is no change in the percentage shareholding (100%) of the Company in AEE pursuant to said further investment.

Advanced Enzyme Technologies is a fully integrated enzyme manufacturing company driven by extensive focus on research and development (R&D) of various enzymes, enzyme blends, enzyme products and customized enzyme solutions.

Peers
Company Name CMP
Sun Pharma. Inds. 1820.00
Dr. Reddys Labs. 1236.00
Cipla 1350.00
Lupin 2042.00
Zydus Lifesciences 1163.35
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