Algoquant Fintech Limited passed all 12 resolutions, comprising nine ordinary and three special, at its 63rd Annual General Meeting held on September 30, 2026. The meeting, conducted via video conferencing, saw strong shareholder support for the adoption of financial statements and various corporate authorizations.

The company adopted the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. This ordinary resolution received overwhelming support, with 99.98% of votes cast in favor. Additionally, shareholders approved the re-appointment of Dhruv Gupta as Whole Time Director, who retires by rotation.

Special Resolutions and Financial Authorizations

Three special resolutions were passed with requisite majorities. These included authorization for making investments, extending loans, and providing guarantees or securities to persons or bodies corporate. Another special resolution approved raising funds through borrowing and the issuance of debt securities. A third special resolution granted approval to advance loans, give guarantees, or provide security under Section 185 of the Companies Act, 2013.

Related Party Transactions Approved

A significant portion of the agenda involved the approval of material related party transactions (RPTs). Shareholders voted in favor of RPTs with several entities associated with the promoters, including Algoquant Financials LLP, Growth Securities Private Limited, Devansh Real Estate Private Limited, Vardan Securities Private Limited, and Nirmal Buildwell Real Estate LLP. Transactions with individuals Dhruv Gupta and Devansh Gupta were also approved.

Voting Participation and Scrutinizer Report

The scrutinizer’s report, submitted by Sarthak Mittal & Associates, confirmed that remote e-voting commenced on September 26, 2026, and concluded on September 29, 2026. Voting at the meeting venue was also conducted via electronic means. Out of 16,643 shareholders on the record date, 57 participated through video conferencing, while others voted remotely. The total number of shares voting on key resolutions like the financial statements stood at approximately 17.9 crore, representing 63.71% of outstanding shares.

What the Numbers Show

While promoter group holding remained significant at 73.7% of total shares, their voting participation varied by resolution type. For resolutions where promoters were interested parties (such as re-appointments and specific RPTs), promoter votes were excluded from the count per regulatory norms. In these instances, public shareholders cast approximately 47.68 lakh votes, with over 99.4% in favor. For non-interested resolutions, total votes polled rose to 17.9 crore, driven largely by promoter participation, maintaining a near-unanimous approval rate across all items.

Algoquant Fintech has scheduled its 63rd Annual General Meeting for Wednesday, September 30, 2026, at 4:30 pm via video conferencing. The meeting will address ordinary business, including the adoption of FY26 financial statements and the re-appointment of Whole Time Director Mr. Dhruv Gupta.

The disclosure was made on September 3, 2026, pursuant to Regulations 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was filed with both the National Stock Exchange of India Limited and BSE Limited.

Special Resolutions: Loans, Investments, and Borrowings

The company seeks shareholder approval for significant financial flexibility measures. A special resolution proposes authorizing the Board to extend loans, provide guarantees, or make investments up to ₹1,000 crore in excess of statutory limits under Section 186 of the Companies Act, 2013.

Additionally, shareholders will vote on a special resolution to approve raising funds via borrowing or issuance of debt securities (including NCDs and commercial papers) up to ₹1,000 crore in excess of paid-up capital and free reserves. This authority is sought under Sections 180(1)(a) and 180(1)(c) to meet working capital needs and maintain liquidity.

Another special resolution seeks approval under Section 185 to advance loans or provide guarantees to subsidiaries, associates, joint ventures, or entities where directors are interested, up to an aggregate amount of ₹500 crore for FY27.

Related-Party Transactions

The AGM agenda includes several ordinary resolutions approving material related-party transactions (RPTs) for FY27, valid until the next AGM. These transactions are proposed on an arm's length basis:

The largest single RPT limit is with Algoquant Financials LLP, the promoter entity holding 51.62% of the paid-up equity share capital. The proposed transaction value represents 169.88% of the company's annual consolidated turnover for the preceding financial year.

AGM and E-Voting Schedule

Shareholders entitled to vote must hold shares as on the cut-off date of Wednesday, September 23, 2026. The remote e-voting period will commence on Saturday, September 26, 2026, at 9:00 am and end on Tuesday, September 29, 2026, at 5:00 pm. The voting module will be disabled by NSDL after this deadline.

Annual Report Access and Compliance

The Annual Report for the Financial Year 2025-26 is available on the company's official website. Shareholders who have not registered their email addresses with the Registrar and Share Transfer Agent or Depository Participants were informed via this communication.

The company reminded security holders holding physical securities to update their KYC details as per SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. The cut-off date for this compliance was August 28, 2026. Key requirements include updating PAN, address, mobile number, bank account details, providing specimen signatures, and dematerialising physical securities. Shareholders with folios lacking these updated details are eligible for payments only through electronic mode effective from April 1, 2024. Mohd Intzar, Company Secretary and Compliance Officer, signed the communication.