Algoquant Fintech Limited has announced a strategic investment of ₹12.80 million in its wholly-owned subsidiary, Algoquant Global Securities Private Limited (AGSPL), marking a significant step in the company's expansion into the stock broking sector.

Investment Details

The investment, made through a rights issue, involves the allotment of 3,19,968 equity shares at ₹40.00 per share, with a face value of ₹10.00 and a premium of ₹30.00 per share. This brings the total investment to ₹12.80 million.

Subsidiary Overview

AGSPL is set to operate in the stock broking industry. The company's primary focus will be on dealing in shares, stocks, debentures, bonds, government securities, and other financial instruments.

Strategic Implications

This move underscores Algoquant Fintech's commitment to expanding its presence in the financial services sector. By strengthening its subsidiary, the company aims to capitalize on opportunities in the stock broking market.

Regulatory Compliance

The investment adheres to regulatory requirements, with Algoquant Fintech making the necessary disclosures under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The transaction is reported to be conducted at arm's length and in the ordinary course of business.

Shareholding Structure

Despite this substantial investment, Algoquant Fintech's shareholding in AGSPL remains unchanged at 99.99%, maintaining its status as a wholly-owned subsidiary.

This strategic move by Algoquant Fintech Limited reflects the company's ambition to strengthen its position in the financial technology and services landscape, particularly in the stock broking segment.

Algoquant Fintech , a financial technology company, has achieved a significant milestone in its business operations. The company has successfully obtained a certificate of registration from the Securities and Exchange Board of India (SEBI) to act as a Participant with Central Depository Services (India) Limited (CDSL).

Registration Details

The SEBI registration, granted under Regulation 36 of the SEBI (Depositories and Participants) Regulations, 2018, allows Algoquant Fintech to operate as a depository participant. The certificate, bearing registration number IN-DP-817-2025, is valid from September 18, 2025, until suspended or cancelled by SEBI in accordance with the regulations.

Corporate Restructuring

This registration comes on the heels of a significant corporate restructuring involving Algoquant Fintech. The company underwent a scheme of arrangement under sections 230 to 232 of the Companies Act, 2013, which involved:

• Growth Securities Private Limited (Demerged Company)
• Algoquant Investments Private Limited (Amalgamating Company/Transferor Company)
• Algoquant Fintech Limited (Resulting Company/Amalgamated Company/Transferee Company)

Regulatory Compliance

As a registered depository participant, Algoquant Fintech is subject to several regulatory conditions, including:

1. Payment of annual and renewal fees as specified in the SEBI regulations
2. Adherence to anti-money laundering (AML) requirements
3. Mandatory registration with the Financial Intelligence Unit-India (FIU-IND) through the FINnet Gateway
4. Compliance with guidelines, directives, and instructions issued by SEBI, the Government of India, and the depository

Implications for Investors

This development is significant for investors and market participants. As a registered depository participant, Algoquant Fintech can now offer services related to securities holding and transactions in electronic form. Investors are advised to verify the registration status of participants on the SEBI website ( www.sebi.gov.in ) before engaging in transactions.

Company Information

Algoquant Fintech is headquartered at Unit No. 503 A-B, 504 A-B, 5th Floor, Tower A WTC Block No. 51, Road 5E, Zone-5, Gift City, Gandhi Nagar, Gujarat - 382050. The company's Corporate Identification Number (CIN) is L74110GJ1962PLC136701.

This SEBI registration marks a significant step for Algoquant Fintech in expanding its services in the Indian financial markets. It reflects the company's commitment to regulatory compliance and its potential to play a larger role in the securities depository ecosystem.