Corrigendum of Outcome of Board Meeting held on July 3, 2025
ALGOQUANT · price
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Algoquant Fintech has issued a corrigendum to its earlier board meeting outcome filed on July 3, 2025. A typographical error was identified in Annexure-II regarding the Free Reserves figure as on March 31, 2025. The original figure of Rs. 98.67 crores was corrected to Rs. 109.34 crores, meaning the free reserves were understated by about Rs. 10.67 crores. The company has confirmed there are no other changes to the details submitted in the earlier communication. The corrigendum has been signed by Krishna Kumar Yadav, Company Secretary & Compliance Officer.
This is a minor administrative correction with no change to any substantive decision or financial outcome. Shareholders should note the corrected free reserves figure of Rs. 109.34 crores for any future reference, but this corrigendum is unlikely to have any material impact on the stock price.