Advanced Enzyme Technologies LimitedADVENZYMESNSE
Buyback announced
As filed · Outcome of Board Meeting
Special SituationMajormateriality 78 out of 100
What happened
Fact> Approved the Buyback of fully paid-up equity shares having a face value of ? At the Maximum Buyback Size and the Maximum Buyback Price as mentioned above. the indicative maximum number of equity shares to be bought back under the Buyback.
Why it matters
CapitSignal interpretationA buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.
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Fact- Record date and acceptance ratio
- Promoter participation
- Cash left on the balance sheet afterwards
Evidence
How CapitSignal classified this
- Reasoning:
- BUYBACK base 70; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%