Advanced Enzyme Technologies Limited declares final dividend of Rs. 1, interim dividend of Rs. 4

The board of directors of Advanced Enzyme Technologies Limited has recommended a Final Dividend @ 50% i.e. Re. 1/- per Equity Share on the face value of Rs. 2/- each for the financial year 2022-23, subject to the approval of the Shareholders at the ensuing 34th Annual General Meeting of the Company ("AGM").

The Final Dividend, if approved / declared by the Shareholders at 34th AGM, will be paid on and from the second day from the date of AGM.

The record date for the entitlement of Final Dividend, and date & timings for ensuing Annual General Meeting of the Company shall be announced in due course of time.

The board also declared an Interim Dividend @ 200% i.e. Re. 4/- per Equity Share on the face value of Rs. 2/- each for the financial year 2023-24. The Interim Dividend for Financial Year 2023-24 will be paid to those shareholders whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares determined with reference to the Record Date of May 20, 2023 (Saturday), already announced for the said purpose by the Company vide its letter dated May 06, 2023. The aforesaid Interim Dividend will be paid to the Shareholders on or before June 11, 2023.

Shares of Advanced Enzyme Technologies Limited was last trading in BSE at Rs. 275.40 as compared to the previous close of Rs. 268.75. The total number of shares traded during the day was 3272 in over 185 trades.

The stock hit an intraday high of Rs. 277.05 and intraday low of 266.00. The net turnover during the day was Rs. 897172.00.

Source : Equity Bulls

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AdvancedEnzymeTechnologies INE837H01020 FinalDividend FY2023