Last day to buy! Midcap stock set for 8:1 bonus, 1:2 split

Investors eyeing corporate actions in the midcap space should take note: today marks the final opportunity to purchase shares of Algoquant Fintech to qualify for both its upcoming bonus issue and stock split.

The company has set Monday, August 18, 2025, as the record date for determining eligible shareholders for these corporate benefits.

For investors wishing to participate, the crucial factor is the record date; only those holding the stock as of August 18, 2025, will be eligible. Considering the T+1 settlement cycle in India, buyers need to ensure they purchase the shares today so that the transaction is settled before the record date.

As per the announcements, Algoquant Fintech will issue bonus shares in the ratio of 8:1, meaning shareholders will receive 8 additional shares for every 1 share held. Alongside the bonus, the company will also execute a stock split, reducing the face value of its shares from Rs 2 to Re 1.

This move will effectively double the number of shares in circulation (post-split), making them more affordable for smaller investors and potentially increasing liquidity in the counter.

The dual corporate actions, a high-ratio bonus and a face value split, are relatively uncommon in the market, and together, they could significantly impact the stock’s trading dynamics.

Bonus shares reward existing shareholders without requiring additional investment, while stock splits make shares more accessible by lowering the price per unit. Such measures are often viewed as signals of management’s confidence in the company’s long-term growth prospects.

Market watchers are likely to monitor Algoquant Fintech’s performance in today’s session to gauge investor sentiment and trading activity ahead of these corporate actions.

While bonus issues and stock splits don’t change the company’s underlying valuation, they can influence short-term price movements and improve liquidity, often making the stock more attractive to a broader investor base.

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