The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 12, 2025 for Algoquant Financials LLP
ALGOQUANT · price
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Algoquant Financials LLP, part of the promoter group of Algoquant Fintech Ltd, has disclosed the creation of a pledge on 5,47,50,000 equity shares (about 19.47% of the company's total share capital) on December 11, 2025. The pledge has been created for the purpose of fund raising, with shares pledged in favor of Globe Capital Market Ltd. Prior to this event, the promoter group held no encumbered shares; post-event, 19.47% of the total share capital stands pledged. The total promoter group holding in Algoquant Fintech stands at 20,71,18,008 shares, or 73.68% of the company's share capital, with key promoters being Algoquant Financials LLP (51.62%), Dhruv Gupta (18.50%), and Devansh Gupta (3.56%).
Shareholders should note that a significant chunk of promoter shares has been pledged to raise funds, which carries risk if the promoter is unable to repay — pledged shares could be sold by the lender, potentially pressuring the stock. However, the pledge is on roughly a quarter of promoter holdings, not the majority, which limits immediate dilution or control risk.