Algoquant Financials releases encumbered shares in Algoquant Fintech

On November 21, 2025, Algoquant Financials LLP, a promoter and part of the promoter group of Algoquant Fintech Limited, filed a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing details the release of encumbrances on a portion of its equity shares held in Algoquant Fintech Limited.

The disclosure indicates that 55,424,982 shares, representing 19.71% of the total share capital, were released on November 4, 2025. This release was classified as a "Pledge" to satisfy a "Credit Facility" with Globe Capital Market Ltd. Post-event, the holding of encumbered shares for Algoquant Financials LLP stands at 54,750,000 shares, which constitutes 19.48% of the total share capital.

The reporting also notes that while there was no change in the entity in whose favor shares were encumbered, the change pertains to the segment, with shares being released from the F&O Segment and a new pledge created in the Commodity segment. The filing includes Dhruv Gupta and Devansh Gupta as part of the promoter group.