Advanced Enzyme Technologies Limited — JV/Acquisition, 08-08-2026: Acquisition
08-08-2026 | 01:38 pm
08-08-2026 | 01:38 pm
Advanced Enzyme Technologies is acquiring the remaining 4.28% stake in its subsidiary, JC Biotech Private Limited (JCB), for a total consideration of ₹7.98 Cr. This strategic move will make JCB, a key manufacturer of bio-pharmaceuticals through aerobic fermentation with FY26 turnover of ₹72.8 Cr, a wholly-owned subsidiary. The acquisition aims to optimize synergies across business operations, strengthening the company's position in its core segments.
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