ALPHA TRIBE

Algoquant Fintech LtdImportant, 03-10-2025: Company Update

03-10-2025 | 05:40 pm

Algoquant Fintech has successfully completed the acquisition of a stake in National Commodity & Derivatives Exchange Limited (NCDEX). The company previously announced its approval to invest Rs 5.00 Cr for 2,53,370 equity shares, representing 0.28% of NCDEX's post-issue capital, pending certain conditions. Both Algoquant Fintech and NCDEX have now fulfilled these conditions, and Algoquant Fintech has transferred the payment. This finalizes the strategic investment, expanding Algoquant's presence in the commodities exchange sector.

No comments yet. Be the first to comment!

All announcements from Algoquant Fintech Ltd