Algoquant Fintech Limited has officially begun its journey as a Stock Broker and Self-Clearing Member, marking a significant milestone in the company's evolution. This development comes as a result of a carefully orchestrated business transfer from Growth Securities Private Limited, as part of a broader scheme of arrangement involving multiple entities.

Key Developments

• Operational Commencement: Algoquant Fintech has initiated its operations as a Stock Broker and Self-Clearing Member.
• Regulatory Compliance: The company has secured necessary certificates from exchanges and Depository Participants to function as a Stock Broker.
• Business Transfer Timeline: The transfer of Stock Broking business and Self-Clearing Membership from Growth Securities was completed before market hours on November 3, 2025.

Ongoing Processes

The transfer of the Depository Participant business from Growth Securities to Algoquant Fintech is currently in progress. The company has committed to notifying the exchange separately once this transfer is completed.

Corporate Restructuring Details

This business transfer is part of a larger scheme of arrangement involving:

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

The scheme is being executed under sections 230 to 232, read with section 66 and other applicable provisions of the Companies Act, 2013.

Regulatory Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Algoquant Fintech Limited has duly informed the BSE Limited about these developments. The company's scrip code on BSE is 505725.

This strategic move positions Algoquant Fintech to expand its presence in the financial services sector, potentially offering a wider range of services to its clients. As the company embarks on this new phase, market participants will likely keep a close watch on its performance and future growth trajectory in the competitive stock broking landscape.

Algoquant Fintech Limited has successfully completed its acquisition of a 0.28% stake in the National Commodity & Derivatives Exchange Limited (NCDEX), marking a significant move in the fintech sector. The company acquired 253,370 equity shares of NCDEX for a total consideration of Rs 5,00,00,036.

Transaction Details

The acquisition was finalized on October 3, after fulfilling the conditions outlined in a share subscription and shareholder's agreement. Algoquant Fintech transferred the funds at 4:01 PM on the day of the announcement, as confirmed in a regulatory filing to the Bombay Stock Exchange (BSE).

Background of the Acquisition

The company had previously disclosed its approval for this investment on August 20. The acquisition was subject to the satisfactory completion of conditions precedent mentioned in the agreement between Algoquant Fintech and NCDEX.

Regulatory Compliance

Krishna Kumar Yadav, Company Secretary & Compliance Officer of Algoquant Fintech Limited, made the official intimation to the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and keeps investors informed about the company's strategic moves.

Impact and Outlook

This acquisition represents a strategic investment for Algoquant Fintech in the commodity and derivatives exchange sector. While the stake is relatively small at 0.28% of NCDEX's post-issue capital, it positions Algoquant Fintech to potentially benefit from the growth and developments in the commodity derivatives market.

Investors and market watchers will likely keep a close eye on how this acquisition might influence Algoquant Fintech's business strategy and financial performance in the coming quarters.

Note: Algoquant Fintech Limited is registered with CIN - L74110GJ1962PLC136701 and has its registered office 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.