Algoquant Fintech Ltd — Important, 19-08-2025: Company Update
19-08-2025 | 10:40 am
19-08-2025 | 10:40 am
Algoquant Fintech has allotted 24.99 Cr bonus equity shares to eligible members in an 8:1 ratio, meaning 8 new shares for every 1 existing share. This allotment significantly increases the company's paid-up equity share capital. Prior to the bonus issue, the company's paid-up capital stood at 3.12 Cr shares, which has now increased to 28.11 Cr shares. This move effectively increases shareholder holdings without additional cost, potentially boosting liquidity and reflecting confidence in the company's financials.
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