Pursuant to scheme of arrangement intimation of receiving of SEBI registration certificate under SEBI stock brokers Regulations
ALGOQUANT · price
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Algoquant Fintech Limited has received a SEBI Certificate of Registration as a Stock Broker and Clearing Member under SEBI (Stock-Brokers) Regulations, 1992 (Regulations 6 and 10B). The registration (Number INZ000326631) is valid from April 16, 2025, and was granted as part of a broader scheme of arrangement among Growth Securities Pvt Ltd, Algoquant Investments Pvt Ltd, and Algoquant Fintech Ltd. With this registration, the company can now trade, clear, and settle securities on the National Stock Exchange (NSE). The certificate was issued by SEBI's Mumbai office on April 16, 2025.
This is a positive development for the company, as it can now formally operate as a stock broker and clearing member on the NSE. It expands the company's revenue potential beyond its existing operations and aligns with the strategic scheme of arrangement that consolidated the broking business under Algoquant Fintech Limited.