The Board of Directors of Algoquant Fintech limited, at its meeting held today, i.e., on August 20, 2025, have approved an investment of up to Rs. 5,00,00,036/- (Rupees Five Crores and Thirty-Six Only) in National Commodity & Derivatives Exchange Limited (NCDEX) by way of acquisition of 2,53,370 equity shares constituting 0.28% of the postissue capital of NCDEX.
NCDEX is a nation-level, technology-driven online Commodity Exchange with an independent Board of Directors and professional management. It is committed to provide a world-class Commodity Exchange platform for market participants to trade in a wide spectrum of commodity derivatives driven by best global practices, professionalism and transparency.