The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 11, 2025 for Devansh Gupta
ALGOQUANT · price
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Awaiting price reaction for this filing.
Algoquant Fintech Ltd has filed a disclosure under SEBI SAST Regulations reporting the release of 5,00,000 equity shares (about 0.18% of total share capital) that were pledged by promoter Devansh Gupta. The shares were released from a pledge held in favour of Globe Capital Market Ltd on December 11, 2025, with the stated reason being fund raising. Total promoter holding remains at 73.68% (20,71,18,008 shares) across all promoter entities, while total encumbered promoter shares reduced slightly from 5,52,50,000 (19.65%) to 5,47,50,000 (19.47%). Devansh Gupta individually holds 1,00,14,534 shares (3.56%) in the company.
This is a positive signal for the stock as a pledge release typically reduces risk of forced selling. However, the release is small in size (only 0.18% of share capital), so the market impact is likely minimal. The overall promoter pledged exposure remains substantial at around 19.47%, which investors should still monitor.