Algoquant Fintech , a player in the financial technology sector, has made a significant announcement that's set to reshape its share structure. The company has declared August 18, 2025, as the record date for both a bonus issue and a stock split, in a move that could potentially boost liquidity and make its shares more accessible to a broader range of investors.

Bonus Issue Details

Algoquant Fintech has approved a generous bonus issue in the ratio of 8:1. This means that for every one share held, shareholders will receive eight additional shares. This bonus issue is notably higher than the typical ratios seen in the market, signaling a strong commitment to rewarding existing shareholders.

Stock Split Announcement

Simultaneously, the company has announced a stock split. The face value of each share will be reduced from Rs 2.00 to Re 1.00. This split effectively doubles the number of shares in circulation post the corporate action.

Impact on Shareholders

The combined effect of these corporate actions will be substantial:

1. Shareholders will see a significant increase in the number of shares they hold.
2. The stock price is likely to adjust proportionately, potentially making individual shares more affordable.
3. The increased number of shares in circulation could lead to improved liquidity in the stock.

Important Dates and Considerations

• Record Date: August 18, 2025
• Last Date to Buy: Due to India's T+1 settlement cycle, investors must purchase shares before the record date to be eligible for these corporate actions.

Market Perspective

The announcement of such a high-ratio bonus issue combined with a stock split is relatively uncommon in the market. This dual action strategy could be seen as a strong signal of the company's confidence in its future prospects and its commitment to enhancing shareholder value.

Conclusion

Algoquant Fintech's decision to implement both a bonus issue and a stock split simultaneously is a noteworthy move in the fintech sector. As the record date approaches, market participants will be keenly watching how these corporate actions influence the stock's trading dynamics and overall market perception.

Algoquant Fintech Limited has announced significant updates to its capital restructuring plans, following the recent shareholder approval of major resolutions.

Stock Split and Bonus Share Details

Algoquant Fintech has set August 18, 2025, as the record date for both a stock split and bonus share issuance. The company will implement the following changes:

Stock Split

Each equity share with a face value of Rs. 2.00 will be split into two shares with a face value of Rs. 1.00 each.

Bonus Share Issuance

The company will issue bonus shares in the ratio of 8:1. This means shareholders will receive 8 new fully paid-up equity shares of Rs. 1.00 face value for every 1 existing share held after the split.

Previously Approved Resolutions

These actions follow the shareholders' approval of six key resolutions through a postal ballot voting process, which included:

1. Increasing the authorized share capital
2. Altering the Articles of Association
3. Subdividing equity shares
4. Issuing bonus shares
5. Appointing Mr. Dhruv Gupta as Whole Time Director
6. Relocating the registered office outside local limits

Impact on Shareholders

The stock split and bonus issue are expected to enhance the liquidity of Algoquant Fintech's shares and potentially create additional value for shareholders. These corporate actions reflect the company's commitment to rewarding its shareholders and optimizing its capital structure.