The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 22, 2025 for Algoquant Financials LLP
ALGOQUANT · price
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Algoquant Financials LLP, the promoter of Algoquant Fintech Ltd, disclosed a release of pledged shares under the SEBI Takeover Regulations on December 22, 2025 (event date December 18, 2025). Specifically, 45,00,000 shares (about 1.60% of share capital) were released from an existing pledge held with Globe Capital Market Ltd, which had been created for fund-raising purposes. After this release, the promoter's encumbered (pledged) shares come down to 5,16,50,000 shares (18.37%) from 5,61,50,000 shares (19.97%) earlier. Total promoter group holding stands unchanged at 20,71,18,008 shares (73.68% of the company). Importantly, the company notes this is essentially a segment transfer - shares were released from the F&O segment pledge and a fresh pledge was created with the same entity (Globe Capital Market Ltd) in the MCX segment, so the ultimate lender and economic position remain the same.
This is largely a procedural/technical reshuffle rather than a real deleveraging - the same lender (Globe Capital Market) still holds the shares as collateral, just moved from one exchange segment (F&O) to another (MCX). No material change for retail shareholders; promoter control and encumbrance level remain broadly unchanged.