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, part of the promoter group of Algoquant Fintech Ltd, has disclosed creation of a pledge on 27,00,000 equity shares (0.96% of total share capital) in favour of Globe Capital Market Ltd. The pledge was created on September 3, 2025, for the purpose of fund raising. After this event, the total encumbered promoter group shares stand at 5,54,24,982 shares, or 19.71% of total share capital. The overall promoter group holding remains high at 20,71,18,008 shares (73.68%), showing the promoters continue to control the company. A note from the company clarifies that the shares were released from the F&O segment and re-pledged under the commodity segment with the same entity, so the overall encumbrance level is essentially unchanged.
This is largely a technical reshuffle of an existing pledge between two market segments (F&O to Commodity) with the same lender, rather than a fresh pledge, so the actual financial implication is limited. However, 19.71% of total share capital remains pledged, which investors may want to monitor as a marker of promoter-level leverage.