Pursuant to the Scheme of arrangement, the Company has received the certificate under SEBI (Depositories and Participants) Regulations, 2018
ALGOQUANT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Algoquant Fintech Ltd has received a SEBI certificate of registration (No. IN-DP-817-2025, dated 18 September 2025) to act as a Depository Participant with Central Depository Services (India) Limited. This certificate was obtained pursuant to the ongoing Scheme of Arrangement involving Growth Securities Private Limited (demerged company), Algoquant Investments Private Limited (transferor/amalgamating company), and Algoquant Fintech Limited (resulting/transferee company), filed under Sections 230-232 of the Companies Act, 2013. The registration, valid from 18/09/2025, allows the company to formally participate in depository operations. This is a key regulatory milestone in the implementation of the scheme.
This step confirms regulatory clearance from SEBI for Algoquant Fintech's depository participant operations and moves the scheme of arrangement closer to full implementation, potentially unlocking business activity in the depository participant space.