Algoquant acquires 5.26% stake in Vipul Ltd via open market

1 min read | Published on 25 Aug 2026, 11:15 AM |Updated on 25 Aug 2026, 11:15 AM

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Key Highlights

Algoquant Fintech Limited and its PACs acquired 74,20,587 shares of Vipul Limited
The acquisition represents a 5.26% stake in the target company
Shares were purchased via open market transactions on August 24, 2026
This is the initial holding for Algoquant and its concert parties in Vipul

*this image is generated using AI for illustrative purposes only.

Algoquant Fintech Limited and its persons acting in concert (PACs) acquired a 5.26% stake in Vipul Limited through open market purchases on August 24, 2026.

The acquisition involved the purchase of 74,20,587 equity shares. This transaction brings the total holding of Algoquant Fintech Limited, along with its PACs—Algoquant Financials LLP and Riya Saxena—to 74,20,587 shares.

Acquisition Details

The disclosure was made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were acquired from time to time in the open market.

Metric	Details
Target Company	Vipul Limited
Acquirer	Algoquant Fintech Limited
PACs	Algoquant Financials LLP, Riya Saxena
Shares Acquired	74,20,587
Stake Acquired	5.26%
Mode of Acquisition	Open Market
Date of Acquisition	August 24, 2026

Prior to this acquisition, Algoquant Fintech Limited and its PACs held no shares in Vipul Limited. The total equity share capital of Vipul Limited remains at 1,40,959,480 equity shares of Re. 1/- each.

Regulatory Compliance

Mohd. Intzar, Company Secretary and Compliance Officer for Algoquant Fintech Limited, signed the disclosure. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited.

Historical Stock Returns for Vipul

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.98%	-7.65%	+23.15%	+12.42%	+53.15%	-53.77%

Will Algoquant Fintech continue to accumulate shares in Vipul Limited, potentially triggering a mandatory open offer under SEBI takeover regulations?

How might this new institutional interest influence Vipul Limited's stock price volatility and trading volume in the coming quarters?

Does Algoquant Fintech intend to seek board representation or engage in active corporate governance at Vipul Limited?

Vipul

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Vipul Ltd shareholding rises to 6.421% after market purchase

1 min read | Published on 17 Jul 2026, 05:23 PM |Updated on 17 Jul 2026, 05:23 PM

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Naman SScanX News Team

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Key Highlights

Mohammad Ashraf Qureshi acquired 42,00,000 shares of Vipul Ltd on July 15, 2026, increasing his total shareholding to 6.421%. The shares were purchased through the market on the NSE, as per disclosures filed under SEBI takeover regulations.

*this image is generated using AI for illustrative purposes only.

Mohammad Ashraf Qureshi has raised his stake in Vipul Ltd to 6.421% following the acquisition of 42,00,000 shares through a market purchase on July 15, 2026. The transaction was disclosed to the stock exchanges under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the acquisition, Qureshi held 48,51,300 shares, representing 3.442% of the company's total paid-up voting capital. The recent purchase of 42,00,000 equity shares increased his total holding to 90,51,300 shares. The acquisition was executed via the National Stock Exchange (NSE).

The disclosures confirm that Qureshi does not belong to the promoter or promoter group of the target company. The total equity share capital of Vipul Ltd remains unchanged at 14,09,59,480 shares of Re. 1 each. The diluted share capital also stands at 14,09,59,480 shares.