Algoquant Fintech Limited has announced significant updates to its capital restructuring plans, following the recent shareholder approval of major resolutions.

Stock Split and Bonus Share Details

Algoquant Fintech has set August 18, 2025, as the record date for both a stock split and bonus share issuance. The company will implement the following changes:

Stock Split

Each equity share with a face value of Rs. 2.00 will be split into two shares with a face value of Rs. 1.00 each.

Bonus Share Issuance

The company will issue bonus shares in the ratio of 8:1. This means shareholders will receive 8 new fully paid-up equity shares of Rs. 1.00 face value for every 1 existing share held after the split.

Previously Approved Resolutions

These actions follow the shareholders' approval of six key resolutions through a postal ballot voting process, which included:

1. Increasing the authorized share capital
2. Altering the Articles of Association
3. Subdividing equity shares
4. Issuing bonus shares
5. Appointing Mr. Dhruv Gupta as Whole Time Director
6. Relocating the registered office outside local limits

Impact on Shareholders

The stock split and bonus issue are expected to enhance the liquidity of Algoquant Fintech's shares and potentially create additional value for shareholders. These corporate actions reflect the company's commitment to rewarding its shareholders and optimizing its capital structure.

Algoquant Fintech , a key promoter of Algoquant Fintech Limited, has made a significant move in its shareholding structure. The company has released the encumbrance on a substantial portion of its pledged shares, as reported in a recent disclosure to the Bombay Stock Exchange (BSE).

Pledge Release Details

On July 8, 2025, Algoquant Financials LLP released the pledge on 30,87,499 equity shares of Algoquant Fintech Limited. This represents approximately 19.77% of the company's total share capital. The shares were previously pledged with Globe Capital Market Limited for fund-raising purposes.

Impact on Shareholding

Following this release, the post-event encumbered holding of Algoquant Financials LLP has reduced to 30,12,499 shares, which accounts for 19.29% of the total share capital. This move significantly decreases the promoter's pledged shareholding.

Promoter Group Holdings

The promoter group of Algoquant Fintech Limited collectively holds a substantial stake in the company:

Algoquant Financials LLP remains the largest shareholder among the promoter group, holding more than half of the company's total share capital.

Regulatory Compliance

The company has duly reported this change in pledged shares to the BSE, in compliance with Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made on July 21, 2025, providing transparency to the market and shareholders about the changes in the promoter's encumbered holdings.

Additional Note

It's worth noting that while the shares were released from the F&O (Futures and Options) segment, a new pledge was created in favor of the same entity, Globe Capital Market Limited, under a different segment - Commodities. The company has stated that a separate disclosure has been provided for the creation of this new pledge in the commodity segment.

This move by Algoquant Financials LLP to release a significant portion of its pledged shares could be seen as a positive development, potentially indicating improved financial flexibility for the promoter entity. However, investors and market participants should continue to monitor further disclosures for a complete picture of the company's shareholding and pledge status.