Algoquant Fintech Limited has officially completed its comprehensive business transformation, marking the final phase of its strategic business transfer from Growth Securities Private Limited. The company has successfully concluded all aspects of the business transfer scheme, including the recently completed Depository Participant operations.

Business Transfer Completion

The company has achieved several key milestones in its operational transition:

Latest Development

Algoquant Fintech has successfully completed the transfer of Depository Participant business from Growth Securities Private Limited prior to market hours on December 22, 2025. This marks the final component of the comprehensive business transfer scheme that began earlier in the year.

Regulatory Framework

The business transfer has been executed under a comprehensive scheme of arrangement involving three entities:

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

Operational Capabilities

With all transfers now complete, Algoquant Fintech operates with full capabilities as:

• Stock Broker with necessary exchange certificates
• Self-Clearing Member with clearing operations
• Depository Participant with complete service offerings

Compliance and Disclosure

The company has maintained strict adherence to regulatory requirements throughout the transfer process. All developments have been communicated to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This completion of the business transfer positions Algoquant Fintech as a comprehensive financial services provider, equipped with integrated broking, clearing, and depository services. The successful execution of this complex corporate restructuring demonstrates the company's commitment to regulatory compliance and operational excellence in the competitive financial services sector.

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.