The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 21, 2025 for Algoquant Financials LLP
ALGOQUANT · price
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Algoquant Fintech Ltd filed an SAST Regulation 31 disclosure on July 21, 2025 reporting the release of 75,000 equity shares (0.48% of total share capital) from a pledge held by promoter entity Algoquant Financials LLP in favour of Globe Capital Market Ltd. The underlying promoter holding stands at 80,61,496 shares (51.62%) of which 19.29% (30,12,499 shares) remains pledged after this event. The company clarified that this is not a meaningful change — the shares were simply released from the F&O segment margin pledge and re-pledged under the Commodity segment with the same entity (Globe Capital Market Ltd). Total promoter group holding across Algoquant Financials LLP, Dhruv Gupta (18.50%) and Devansh Gupta (3.56%) stands at 73.68% of the company.
This is a routine administrative reshuffle of the pledge between trading segments (F&O to Commodity) with the same lender — not a real reduction in pledged exposure. Shareholders need not worry: promoter ownership (73.68%) and overall encumbrance level (19.29%) remain effectively unchanged.