Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (am amended), Algoquant Fintech Limited has informed about Change of Director
ALGOQUANT · price
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Algoquant Fintech reported Q2 FY26 standalone net profit of Rs. 633.50 lakh, down roughly 48% from Rs. 1,228.39 lakh in Q2 FY25 (restated post the Composite Scheme of Arrangement). Total revenue from operations slipped to Rs. 5,128.65 lakh from Rs. 6,517.37 lakh year-on-year, while H1 FY26 standalone net profit came in at Rs. 1,087.57 lakh versus Rs. 2,629.54 lakh in H1 FY25 (restated). The board approved the re-appointment of Mr. Amit Gupta as Non-Executive Independent Director for a second 5-year term effective February 9, 2026; the company confirmed he is not debarred by SEBI. Recent corporate actions include an 8:1 bonus issue and a Rs. 2-to-Re.1 stock split (both effective August 2025), and the commencement of stock-broking and self-clearing member operations from November 3, 2025.
Sharp year-on-year decline in profits despite business expansion may weigh on near-term sentiment, while board continuity and the start of stock-broking operations offer some positive structural signals for shareholders.