ALGOQUANT · price
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Awaiting price reaction for this filing.
Algoquant Fintech Ltd has received approval from the Ministry of Corporate Affairs to shift its registered office from Unit No. 705, 7th Floor, ISCON Elegance, Prahaladnagar, Ahmedabad to Unit No. 503 A-B, 504 A-B, 5th Floor, Tower A WTC, Block No. 51, Road 5E, Zone-5, GIFT City, Gandhinagar, Gujarat. The intimation was filed with BSE (Scrip Code 505725) on August 6, 2025, under SEBI Listing Obligations Regulations 2015. The company, incorporated in 1962, has paid-up capital of Rs 3.12 crore and authorised capital of Rs 3.5 crore. The MCA Master Data confirms the new GIFT City address is now officially active.
This is largely an administrative relocation with no immediate impact on financials or share price. However, moving to GIFT City — India's International Financial Services Centre — may signal the company's intent to tap into IFSC-specific tax benefits and scale up fintech or cross-border financial services operations in the future.