Algoquant Fintech (BOM:505725) board of directors will meet Thursday to consider and approve the allotment of bonus equity shares to eligible shareholders as per the record date of Jan. 8, according to a Monday filing.
The bonus share allotment is being implemented pursuant to a scheme of arrangement involving Growth Securities Private Limited, Algoquant Investments Private Limited, and Algoquant Fintech Limited, as approved by the National Company Law Tribunal, Ahmedabad, India in October 2024, the company said in the filing.
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