Advanced Enzyme Technologies Limited has completed the acquisition of a controlling stake of 51% in SciTech Specialities Private Limited (SSPL). 

The acquisition is by way of subscription to the issue of 492,630 equity shares of SSPL and purchase of 27,778 equity shares from few selling shareholders of SSPL, aggregating to 520,408 equity shares i.e. 51% of paid-up share capital of SSPL.

Accordingly, SSPL has become a subsidiary of the Advanced Enzyme Technologies Limited with effect from January 11, 2018.