Algoquant Fintech Limited has successfully commenced trading on the National Stock Exchange of India Limited (NSE), marking a significant milestone in the company's market presence. The fintech company announced that 28,10,96,028 equity shares began trading on NSE effective January 6, 2026, establishing dual listing on both NSE and BSE.

NSE Trading Commencement Details

The NSE has approved and commenced trading of Algoquant Fintech's entire issued, subscribed and fully paid-up equity share capital under specific trading parameters:

Management Statement and Strategic Vision

Commenting on the NSE listing commencement, Mr. Dhruv Gupta, Whole-time Director & Co-founder of Algoquant Fintech Limited, stated: "We are excited to begin trading on the NSE, a landmark achievement that broadens our investor base and reinforces our position in the Indian financial markets. This dual listing will significantly improve liquidity and provide greater opportunities for shareholders, aligning with our vision of innovation-driven growth and long-term value creation."

Company Profile and Business Operations

Algoquant Fintech Limited, formerly known as Hindustan Everest Tools Limited, is a technology-driven fintech company specializing in low-risk arbitrage and high-frequency trading in the Indian capital markets. The company is engaged in completely hedged derivatives arbitrage, with a strong emphasis on innovation, sophisticated algorithms, ultra-low latency execution, trade management, and risk management systems.

Regulatory Compliance and Market Access

The listing follows formal confirmation through NSE reference letter NSE/LIST/233 dated January 2, 2026, signed by Snehal Mariappa, Manager at NSE, and a separate circular (Ref No: 0014/2026) notifying all exchange members. The company submitted the press release intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, signed by Krishna Kumar Yadav, Company Secretary & Compliance Officer.

With the NSE listing, Algoquant Fintech will maintain compliance with SEBI regulations across both exchanges. All future regulatory filings and compliance requirements must be submitted through NEAPS (NSE Electronic Application Processing System) for NSE and equivalent BSE systems. The dual listing represents Algoquant Fintech's continued commitment to regulatory transparency, investor accessibility, and value creation on India's premier stock exchanges.

Algoquant Fintech Limited's promoter entity has released a significant encumbrance while simultaneously creating a new pledge arrangement. Algoquant Financials LLP disclosed the release of encumbrance on equity shares and creation of new pledge under regulatory requirements on December 22, 2025.

Encumbrance Release Details

The promoter released encumbrance on 5.17 crore equity shares from the F&O segment in favor of Globe Capital Ltd on December 18, 2025. Simultaneously, a new pledge was created for 45.00 lakh shares in favor of the same entity under the MCX segment for fund-raising purposes.

Current Shareholding Structure

Following the encumbrance modifications, Algoquant Financials LLP maintains its substantial promoter stake while reducing overall encumbered holdings. The promoter continues to hold a controlling position in the company with strategic pledge arrangements.

Regulatory Compliance and Segment Transfer

The disclosure was made pursuant to Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the necessary documentation with BSE Limited on December 22, 2025.

The transaction involved no change in the beneficiary entity, with Globe Capital Ltd remaining the pledge holder. The modification pertains specifically to segment transfer, where shares were released from the F&O segment and a new pledge was created under the MCX segment for the same entity.

Strategic Financial Restructuring

The encumbrance release and segment transfer reflect the promoter's ongoing financial strategy optimization. By releasing a substantial portion of previously pledged shares while maintaining a smaller pledge arrangement, Algoquant Financials LLP has improved its financial flexibility while retaining access to capital markets through the MCX segment arrangement.