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NOTICES
Notice No.   20250101-40   Notice Date   01 Jan 2025
Category   Corporate Actions   Segment   Equity
Subject   Bonus Issue as per Scheme of Arrangement of ALGOQUANT FINTECH LIMITED (Scrip Code: 505725).
 
Content

Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement as approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench,  ALGOQUANT FINTECH LIMITED, has fixed Record Date for the purpose of Bonus issue of Equity Shares of the Company : -

COMPANY NAME

CODE

RECORD DATE

PURPOSE

EX-ENTITLEMENT  FROM

DATE &

SETT. NO.

ALGOQUANT FINTECH LIMITED

(505725)

08/01/2025 

 

As per the Scheme of Arrangement as approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench  Between:

1. Algoquant Fintech Ltd - Amalgamated / Resulting Company

2. Algoquant Investments Pvt Ltd - Amalgamating Company

3. Growth Securities Pvt. Ltd. - Demerged Company

Bonus  Issue :-

Upon the Scheme becoming effective, ALGOQUANT FINTECH LIMITED, shall Issue and allot, by way of Bonus Issue  - 1 (One) New Bonus Equity Share of Rs.2/- each fully paid-up  for every 2 (Two) existing Equity Shares of Rs.2/- each held by the shareholders.

08/01/2025

DR-794/2024-2025

 

Marian Dsouza

Senior Manager –Listing Operations (CRD)

January 01, 2025