Latest news with #AlgoquantFintech
Economic Times
a day ago
- Business
- Economic Times
Last chance to buy! Midcap stock set for 8:1 bonus and 1:2 split
The company has set Monday, August 18, 2025, as the record date for determining eligible shareholders for these corporate benefits. Investors interested in Algoquant Fintech's upcoming corporate actions must purchase shares today to qualify for the 8:1 bonus issue and stock split. The record date is set for August 18, 2025. This dual action, featuring a high bonus ratio and face value split, aims to enhance stock accessibility and liquidity, potentially attracting a wider investor base. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Investors eyeing corporate actions in the midcap space should take note: today marks the final opportunity to purchase shares of Algoquant Fintech to qualify for both its upcoming bonus issue and stock company has set Monday, August 18, 2025, as the record date for determining eligible shareholders for these corporate investors wishing to participate, the crucial factor is the record date; only those holding the stock as of August 18, 2025, will be eligible. Considering the T+1 settlement cycle in India, buyers need to ensure they purchase the shares today so that the transaction is settled before the record per the announcements, Algoquant Fintech will issue bonus shares in the ratio of 8:1, meaning shareholders will receive 8 additional shares for every 1 share held. Alongside the bonus, the company will also execute a stock split, reducing the face value of its shares from Rs 2 to Re move will effectively double the number of shares in circulation (post-split), making them more affordable for smaller investors and potentially increasing liquidity in the dual corporate actions, a high-ratio bonus and a face value split, are relatively uncommon in the market, and together, they could significantly impact the stock's trading shares reward existing shareholders without requiring additional investment, while stock splits make shares more accessible by lowering the price per unit. Such measures are often viewed as signals of management's confidence in the company's long-term growth watchers are likely to monitor Algoquant Fintech's performance in today's session to gauge investor sentiment and trading activity ahead of these corporate bonus issues and stock splits don't change the company's underlying valuation, they can influence short-term price movements and improve liquidity, often making the stock more attractive to a broader investor base.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
a day ago
- Business
- Time of India
Last chance to buy! Midcap stock set for 8:1 bonus and 1:2 split
Investors eyeing corporate actions in the midcap space should take note: today marks the final opportunity to purchase shares of Algoquant Fintech to qualify for both its upcoming bonus issue and stock split. The company has set Monday, August 18, 2025, as the record date for determining eligible shareholders for these corporate benefits. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Health and comfort: the comfiest slip-on shoes of the year Ultra-Comfortable Shoes Undo For investors wishing to participate, the crucial factor is the record date; only those holding the stock as of August 18, 2025, will be eligible. Considering the T+1 settlement cycle in India, buyers need to ensure they purchase the shares today so that the transaction is settled before the record date. As per the announcements, Algoquant Fintech will issue bonus shares in the ratio of 8:1, meaning shareholders will receive 8 additional shares for every 1 share held. Alongside the bonus, the company will also execute a stock split, reducing the face value of its shares from Rs 2 to Re 1. This move will effectively double the number of shares in circulation (post-split), making them more affordable for smaller investors and potentially increasing liquidity in the counter. Live Events The dual corporate actions, a high-ratio bonus and a face value split, are relatively uncommon in the market, and together, they could significantly impact the stock's trading dynamics. Bonus shares reward existing shareholders without requiring additional investment, while stock splits make shares more accessible by lowering the price per unit. Such measures are often viewed as signals of management's confidence in the company's long-term growth prospects. Market watchers are likely to monitor Algoquant Fintech's performance in today's session to gauge investor sentiment and trading activity ahead of these corporate actions. While bonus issues and stock splits don't change the company's underlying valuation, they can influence short-term price movements and improve liquidity, often making the stock more attractive to a broader investor base.
Business Standard
16-06-2025
- Business
- Business Standard
Algoquant Fintech incorporates WOS, Algoquant Global Securities
Algoquant Fintech (AFL) announced that it has incorporated wholly owned subsidiary (WOS) company with the name of Algoquant Global Securities (AGSPL). The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on 13 June 2025. AGSPL will operate in the stock broking sector and has been formed to undertake activities as a stock broker, including dealing in shares, stocks, debentures, bonds, government securities, units of Unit Trust of India, National Savings Certificates, and other securities. The subsidiary has been incorporated with an authorised share capital of Rs 10 lakh, divided into 1,00,000 equity shares of Rs 10 each. The entire paid-up share capital will be held by Algoquant Fintech, making AGSPL its wholly owned subsidiary and a related party. AGSPL is yet to commence its business operations. As the promoter company, AFL will hold 100% equity in AGSPL upon allotment of shares. The official announcement was made on Friday, 13 June 2025, after market hours. Algoquant Fintech is engaged in the business of trading in financial instruments The companys consolidated net profit dropped 90.1% to Rs 0.61 crore on a 2.9% decline in total income to Rs 54.02 crore in Q4 FY25 over Q4 FY24. The counter slipped 2.16% to Rs 1,015 on the BSE.
