The Company has fixed August 18, 2025 as record date for Sub-division/Split and Issue of Bonus Shares
ALGOQUANT · price
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Algoquant Fintech has fixed August 18, 2025 as the record date for two corporate actions happening together. First, a stock split where each equity share of face value Rs. 2 will be divided into 2 shares of face value Re. 1. Second, a bonus issue in the ratio of 8:1, meaning 8 new Re. 1 shares for every 1 Re. 1 share held after the split. In effect, 1 original share will become 18 shares (2 from split + 16 from bonus). Shareholders holding shares on the record date will be eligible for both actions. The share price will adjust downward proportionally so that total holding value stays broadly unchanged on a per-original-share basis.
Liquidity in the stock should improve sharply as the share count expands and the market price adjusts lower. No fresh cash investment is required from shareholders; the bonus comes out of reserves. Watch for trading volumes and price discovery in the days around and after the ex-date.