ALPHA TRIBE

Algoquant Fintech LtdOthers, 04-08-2025: AGM/EGM

04-08-2025 | 06:22 pm

Algoquant Fintech shareholders have approved key proposals via postal ballot. The company will increase its authorized share capital, split its equity shares from Rs. 2 to Rs. 1 face value, and issue bonus shares in an 8:1 ratio. This share split aims to improve liquidity, while the bonus issue rewards existing investors. Additionally, shareholders approved the appointment of Mr. Dhruv Gupta as Whole Time Director and the shifting of the registered office. These moves position the company for future growth and operational efficiency, benefiting stakeholders.

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