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Algoquant Fintech LtdDividend/Bonus, 04-08-2025: Corp. Action

04-08-2025 | 06:28 pm

Algoquant Fintech has announced that it has set August 18 as the record date for two key corporate actions. Each equity share with a face value of Rs. 2 will be subdivided into two equity shares of Rs. 1 each. Following this split, the company will issue bonus shares in an 8:1 ratio, meaning eight new fully paid-up Rs. 1 shares for every one existing Rs. 1 share. These moves are designed to increase share liquidity and make the stock more accessible to a broader investor base, ultimately benefiting existing shareholders.

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