Bonus Issue as per Scheme of Arrangement of ALGOQUANT FINTECH LIMITED (Scrip Code: 505725). |
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
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RECORD DATE
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PURPOSE
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EX-ENTITLEMENT FROM
DATE &
SETT. NO.
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ALGOQUANT FINTECH LIMITED
(505725)
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08/01/2025
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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.
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08/01/2025
DR-794/2024-2025
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Marian Dsouza
Senior Manager –Listing Operations (CRD)
January 01, 2025 |