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
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Algoquant Financials LLP, the promoter of Algoquant Fintech Ltd, has disclosed the creation of a new pledge on 1,44,00,000 equity shares (5.12% of total share capital) with Globe Capital Market Limited on August 20, 2025, for the purpose of fund raising. After this new pledge, the total encumbered (pledged) shares held by the promoter stand at 5,54,24,982 shares, representing 19.71% of the total share capital. The promoter entity itself holds 14,51,06,928 shares (51.62%), and the total promoter group holding remains at 73.68% of the company. The filing notes that the pledged shares were released from the F&O segment and re-pledged under the commodity segment with the same entity, with no change in the pledge holder.
The new pledge takes the total encumbered promoter shares to nearly 20% of the company, raising some concerns about financial leverage at the promoter level. However, the pledge is being created for fund raising, which could support business growth. Retail investors should monitor any further encumbrance activity, as high pledging can be a risk signal if share prices fall and margin calls are triggered.