In continuation of letter dated January 06, 2025 with respect to intimation for schedule of Board Meeting and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Algoquant Fintech has informed that the Board of Directors in their meeting held on Thursday, January 09, 2025 commenced at 10:30 am and concluded at 10:45 am, considered and approved the allotment of 52,05,482 fully paid-up Bonus equity shares having face value of Rs 2 each in ratio of 1:2 i.e. 1 new bonus fully paid-up equity share having face value of Rs 2 for every 2 equity shares of the company having face value of Rs 2 each fully paid-up, to those Shareholders whose names appear in the Register of Members on the record date i.e. January 08, 2025 fixed for this purpose. Pursuant to the above allotment, the paid-up Equity Share Capital of the Company Pre and Post Bonus Issue are enclosed.
The above information is a part of company’s filings submitted to BSE.
