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Algoquant Fintech LtdImportant, 20-08-2025: Company Update

20-08-2025 | 01:44 pm

Algoquant Fintech's board has approved an investment of up to Rs. 5.00 Cr in National Commodity & Derivatives Exchange Limited (NCDEX). The company will acquire 2,53,370 NCDEX equity shares, representing a 0.28% stake in its post-issue capital. This strategic move aims to bolster Algoquant's presence within the financial services and securities market ecosystem. NCDEX, a prominent commodity exchange, reported a net worth of Rs. 615.94 Cr and a turnover of Rs. 122.06 Cr for FY25. This investment underscores Algoquant's commitment to expanding its footprint in the financial markets.

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