The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 08, 2025 for Algoquant Financials LLP
ALGOQUANT · price
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Algoquant Financials LLP, a promoter of Algoquant Fintech Ltd, has disclosed the release of a pledge on 5,54,24,982 shares (about 19.71% of total share capital) originally encumbered in favour of Growth Securities Private Limited. The event occurred on September 3, 2025, and was reported to BSE on September 8, 2025. After the release, only 27,00,000 shares (0.96%) remain encumbered under this disclosure. The filing clarifies that this is not a true exit from pledge — the shares were released from the F&O segment and simultaneously re-pledged with the same entity (Growth Securities) under the Commodity segment (a separate disclosure covers that creation). Total promoter-group holding stays unchanged at 20,71,18,008 shares (73.68% of the company), with no change in ultimate ownership.
On paper, the encumbrance on promoter shares has dropped sharply from 19.71% to under 1%, which looks positive. However, since the shares are being re-pledged with the same lender in a different segment, the real financial risk to promoters is largely unchanged. Retail investors should not read this as a de-risked promoter position — watch for the parallel commodity-segment pledge disclosure to get the full picture.