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    ADVANCED ENZYME TECHNOLOGIES LTD.

    04 December 2024 | 01:54

    Industry >> Pharmaceuticals

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    ISIN No INE837H01020 BSE Code / NSE Code 540025 / ADVENZYMES Book Value (Rs.) 118.35 Face Value 2.00
    Bookclosure 18/07/2024 52Week High 571 EPS 11.91 P/E 31.41
    Market Cap. 4187.13 Cr. 52Week Low 325 P/BV / Div Yield (%) 3.16 / 0.29 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated, as a private limited company on March 15, 1989 under the provisions of the Companies Act, 1956 as Advanced Biochemicals Private Limited in Maharashtra. Pursuant to a special resolution passed by the shareholders of the Company at the extra-ordinary general meeting held on April 21, 1992, the Company was converted into a public limited company and consequently the name of the Company was changed to Advanced Biochemicals Limited. A fresh certificate of incorporation reflecting the new name was issued by the Registrar of Companies, Maharashtra on May 28, 1992. Pursuant to a special resolution passed by the shareholders of the Company at the extraordinary general meeting held on August 8, 2005, the name of the Company was further changed from Advanced Biochemicals Limited to Advanced Enzyme Technologies Limited. A fresh certificate of incorporation reflecting the new name was issued by the Registrar of Companies, Maharashtra, Mumbai on August 19, 2005. 

     Major events in the History of the Company 

    1989 - Incorporation as Advanced Biochemicals Private Limited.  
    1992 - Conversion from private company into a public company and renamed as Advanced Biochemicals Limited. 1994 - Commissioning of the first fermentation facility at Sinnar, Maharashtra 
    2001 - Recognition of in-house R&D centers of the Company at Thane and Sinnar by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.  
    2005 - Change of name of the Company from Advanced Biochemicals Limited to Advanced Enzyme Technologies Limited.  
    2011 - Takeover of Cal-India Foods International (Specialty Enzymes and Biotechnologies) by the Company giving us direct presence in USA.  
    2012 - Kotak India Venture Fund I, Kotak Employees Investment Trust and Kotak India Venture (Offshore) Fund made an investment in the Company. 
    2012 - Takeover of AST Enzymes by the Company for consolidating the presence in USA. Awards and accreditations received by the Company  
    2010 - The Company won the "Emerging India Awards" for 2010 in the Life Science -Pharmaceuticals & Chemicals segment organized by ICICI Business Banking and CNBC TV18.
    2010 - The Company won the Bio Excellence Award in the Industrial Biotech category for 2010 instituted by Department of Information Technology, Biotechnology and Science and Technology, Government of Karnataka.
    2012 - The Company was awarded as the 1st runner-up for the Most Innovative Exporter - Dun & Bradstreet for the year 2012.  
    2013 - The Company was one of the Recipients of the fastest growing mid-sized business award organized by Inc. India.  
    2014 - The Company received the Bio Excellence Award in the Industrial Biotech category for year 2014 instituted by Department of Information Technology, Biotechnology and Science and Technology,Government of Karnataka.

    2016 -Advanced Enzyme Technologies are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities. - "Advanced Enzymes acquires 70% stake in API maker JC Biotech". - Advanced Enzyme Technologies has been awarded by ABP News for being "The Best Nutraceutical Company of the Year".

    2017 -The Company has been awarded for 'BEST IPO' at IR Society Awards 2017. -Acquired 100% stake in a German based company evoxx technologies GmbH.

    2018 -Acquired 100% stake in SciTech Specialties Private Limited.

    2023 -Advanced Enzyme Technologies Limited has informed the Exchange regarding 'Update on acquisition of 50% stake in Saiganesh Enzytech Solutions Private Limited;and an additional 4.83% of JC Biotech Private Limited.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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