Algoquant Fintech Share Price Surges Over 5% as Board Approves Bonus Shares and Stock Split

Algoquant Fintech has approved a stock split and an 8:1 bonus issue during its board meeting held on July 3, 2025, after market hours. This was first hinted at in an exchange filing dated June 30, 2025, where the company had informed about the scheduled board discussion.

Board Approves Stock Split and Bonus Shares 

As per exchange filings, the board has given the green light to split its equity shares from a face value of ₹2 to ₹1. Alongside the split, the company has announced that shareholders will receive 8 bonus shares for every ₹1 face value share held.

This means that one existing ₹2 share will be converted into 18 shares of ₹1 each post the split and bonus allotment. The company has stated that the record date for these corporate actions will be shared later, and implementation will take place within two months of necessary approvals.

Read More: NSE IPO: Radhakishan Damani Set for Another Billion-Dollar Payday!

Algoquant Fintech Share Price Performance 

As of 11:56 AM on July 4, 2025, Algoquant Fintech share price is trading at ₹1,126.65, a 5.7% increase.

About Algoquant Fintech

Algoquant Fintech is a trading firm that uses technology to operate in the Indian Capital Markets. They specialise in low-risk arbitrage and high-frequency trading, employing advanced algorithms for rapid transactions. Their core business involves fully hedged derivatives arbitrage, with a strong emphasis on technological innovation and development. Algoquant integrates mathematics, economics, software, and cutting-edge hardware to manage arbitrage trades, oversee risk, and execute trades efficiently.

Conclusion

With the approval of both the stock split and an aggressive 8:1 bonus issue, Algoquant Fintech is set to restructure its capital base in a shareholder-friendly move. Investors await further clarity on the record date in the coming weeks.

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