The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 21, 2025 for Algoquant Financials LLP
ALGOQUANT · price
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Algoquant Fintech Ltd informed BSE that its promoter, Algoquant Financials LLP (which holds 51.62% or 14.51 crore shares), has released a pledge of 5,47,50,000 shares (19.48% of share capital) held with Globe Capital Market Ltd, dated 17 November 2025. As per the filing note, this is essentially a segment-level reclassification: the same shares were released from Globe Capital Market's F&O segment and re-pledged under its Commodity segment. Net new pledge created is only 18,00,000 shares (0.64%), taking the post-event pledged holding to 5,29,50,000 shares (18.83%). Overall promoter group holding stands at 73.68% (20.71 crore shares) across Algoquant Financials LLP, Dhruv Gupta (18.50%), and Devansh Gupta (3.56%).
No meaningful change in actual encumbrance – the release reflects a shift between F&O and Commodity pledge segments with the same entity, not a genuine deleveraging. Promoter control is intact at 73.68%, with negligible new pledge creation (0.64%), so the disclosure is largely procedural and unlikely to materially affect the stock.