2025-04-26 19:52:50
Latest Post
Jost's Engineering Company Ltd in JV with Kay Cee Energy and Infra Ltd receives LOA for order
Rossari Biotech Limited recommends final dividend of Rs. 0.50
Reliance Industries Limited recommends dividend of Rs. 5.50
ACME Solar Holdings Limited declares interim dividend of Rs. 0.20
Oracle Financial Services Software Limited approves interim dividend of Rs. 265
Stock Report
Advanced Enzyme Technologies Limited enters into mutually exclusive distribution agreement with Azelis Holding
Posted On : 2021-12-15 11:19:59( TIMEZONE : IST )
Advanced Enzyme Technologies Limited, India has entered into a Mutually Exclusive Distribution Agreement with Azelis Singapore Pte. Ltd. for the distribution of food enzymes and probiotics for the food & dietary supplement industry in Indonesia, Malaysia, Philippines, Singapore, Thailand & Vietnam.
"We see excellent fit of our food enzymes and probiotics for food & dietary supplement with Azelis' product portfolio and their industry reach. We are confident that our distribution partnership with Azelis will help to provide exceptional customer service, strengthen supply chain & improve market reach," said Mukund Kabra, Whole Time Director at Advanced Enzymes.
"By combining the decades long experience of the two companies in their respective fields, customers would benefit with strong technical support, local presence, quick service and faster turnaround with customized solutions. It also gives the customer a very handy powerful supply & service option," said Dipak Roda, Senior Vice President, Marketing & Business Development at Advanced Enzymes.
"We are excited about the addition of Advanced Enzymes' product range, which will strengthen our offering in the Food & Health market and allow us to develop solutions that capitalize on health-supplement food trends. Together, we will be able to provide customers with innovative solutions for all their formulation requirements, while also creating business opportunities for growth across the region," said Kimberly Chung, Asia Pacific Business Development Director at Azelis.
Shares of Advanced Enzyme Technologies Limited was last trading in BSE at Rs. 344.00 as compared to the previous close of Rs. 349.95. The total number of shares traded during the day was 3639 in over 347 trades.
The stock hit an intraday high of Rs. 351.20 and intraday low of 343.15. The net turnover during the day was Rs. 1259816.00.
