Algoquant Fintech Ltd — Board Meeting, 03-07-2025: Board Meeting

Algoquant Fintech Limited has announced a board meeting regarding several key corporate actions. The company plans to increase its authorized share capital from Rs. 3.5 Cr to Rs. 30 Cr, subject to shareholder approval. It will sub-divide the face value of its equity shares from Rs. 2 to Rs. 1 to improve liquidity and affordability for retail investors. A bonus share issue is proposed in the ratio of 8:1, to be issued from free reserves, significantly increasing the share capital. These steps aim to enhance shareholder value by making the shares more accessible and rewarding existing investors. Shareholder approval and further details on record dates will follow.