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Advanced Enzyme Technologies has completed the first tranche of additional investment of MYR 150,000 by way of subscription to the rights issue of 1.5 lakh equity shares having face value MYR 1 each of Advanced Enzyme (Malaysian) Sdn Bhd.
Following the investment, the paid-up share capital of AEM has increased from MYR 250,000 to MYR 400,000 and the company's shareholding in AEM has increased from 2 lakh equity shares (80 per cent) to 3.5 lakh shares (i.e. 87.5 per cent) of paid-up share capital of AEM. The stock of Advanced Enzyme closed at ₹218, down 1.6 per cent, on the NSE.
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