Algoquant Fintech Limited has announced the appointment of Mr. Mohd. Intzar as Company Secretary and Compliance Officer with effect from April 30, 2026. The appointment was formally approved during a Board of Directors meeting held on April 30, 2026, following a recommendation from the Nomination and Remuneration Committee. The company has communicated this development to both the National Stock Exchange of India Limited and BSE Limited in compliance with regulatory requirements.

Board Meeting Outcomes

The Board of Directors meeting commenced at 03:30 P.M. (IST) and concluded at 04:00 P.M. (IST) on April 30, 2026. The primary agenda item was the appointment of Mr. Mohd. Intzar as Company Secretary and Compliance Officer, designated as Key Managerial Personnel of the company. The appointment has been made in accordance with the provisions of Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Qualifications

Mr. Mohd. Intzar brings substantial expertise to his new position at Algoquant Fintech Limited. He is a qualified Company Secretary from the Institute of Company Secretaries of India, holding membership number ACS 80155. His educational background includes a Bachelor's degree in Commerce from the University of Delhi. He has comprehensive experience in corporate governance, listing compliances, legal compliance, secretarial services, and regulatory affairs.

Regulatory Compliance

The appointment notification has been made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all requisite details as mandated under the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has confirmed that Mr. Mohd. Intzar is not related to any Director of the company, ensuring independence in his role as Compliance Officer.

Corporate Governance Enhancement

This appointment strengthens the company's commitment to maintaining robust corporate governance standards and regulatory compliance. The announcement was signed by Devansh Gupta, Managing Director of Algoquant Fintech Limited (DIN: 06920376), and formally communicated to the stock exchanges for record purposes. The information is also available on the company's website at www.algoquantfintech.com .

Algoquant fintech Limited has submitted its mandatory initial disclosure to stock exchanges, confirming that the company does not fall under the category of "Large Corporate" as defined by SEBI's regulatory framework. The disclosure was filed on April 30, 2026, in compliance with SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

Company's Financial Position

The disclosure reveals key financial information about Algoquant Fintech Limited's borrowing position. The company reported outstanding borrowings significantly below the Large Corporate threshold criteria.

Regulatory Compliance Framework

The SEBI circular mandates that all entities must disclose their Large Corporate status within 30 days from the beginning of each financial year. This framework specifically relates to fundraising through issuance of debt securities by Large Corporates. Companies falling under this classification face additional regulatory requirements and compliance obligations.

Algoquant Fintech's outstanding borrowings of ₹0.8715 crore as of March 31, 2026, place it well below the threshold that would trigger Large Corporate classification. The company has not obtained any credit rating during the previous financial year, as indicated in the disclosure.

Management Authorization

The disclosure was authorized by Managing Director Devansh Gupta (DIN: 06920376) and Chief Financial Officer Yogesh Gusain. The document was digitally signed on April 30, 2026, ensuring proper authentication and compliance with regulatory requirements.

The company has designated both NSE and BSE as the stock exchanges where any potential fines would be paid in case of future shortfall in required borrowing under the SEBI framework. This proactive disclosure demonstrates Algoquant Fintech's commitment to maintaining transparency and regulatory compliance in its corporate governance practices.