Algoquant Fintech reappoints director, reports financials, boosts capital

Algoquant Fintech Limited's Board of Directors met on November 14, 2025, approving the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The Board also recommended the reappointment of Amit Gupta as a non-executive independent director for a second consecutive five-year term, effective February 9, 2026, subject to shareholder approval. Gupta does not hold equity shares in the company and is not debarred from holding a directorship by any SEBI order.

Additionally, the company reported an increase in its authorized share capital from ₹350.00 lakh to ₹3,000.00 lakh, as approved by shareholders on July 3, 2025. This change also amended the Memorandum of Association. The company executed a sub-division/split of its equity shares and issued 24,98,63,136 fully paid-up bonus equity shares of ₹1 each on August 19, 2025, by capitalizing free reserves, following Board approval on July 3, 2025. The company's operations as a stock-broker and self-clearing member commenced on November 3, 2025.