The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 26, 2025 for Algoquant Financials LLP
ALGOQUANT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter entity Algoquant Financials LLP has released 60,24,998 pledged shares (19.29% of total share capital) in Algoquant Fintech Ltd, reported on August 26, 2025. Simultaneously, 27,75,000 shares (8.88%) were freshly pledged in favor of Globe Capital Market Limited under the commodity segment. After this event, total encumbered shares stand reduced to 32,49,998 (10.40%). The company clarified this is merely a segment shift — shares moved from the F&O segment pledge to a commodity segment pledge with the same entity. Total promoter group holding remains at 73.68% (Algoquant Financials LLP at 51.62%, Dhruv Gupta at 18.50%, Devansh Gupta at 3.56%).
Net effect is a meaningful reduction in pledged shares (from 19.29% to 10.40%), which is mildly positive as it lowers the risk of forced sale. However, a fresh pledge of 8.88% with Globe Capital Market for fund raising partially offsets the benefit, so overall impact on stock price is likely neutral.