Algoquant Fintech Limited Completes Postal Ballot for Independent Director Re-appointment
Algoquant Fintech Limited completed its postal ballot process on January 28, 2026, securing 99.9997% approval for Mr. Amit Gupta's re-appointment as Independent Director. The remote e-voting process saw participation from 156 shareholders representing 73.7712% of outstanding shares, with CS Sachin Khurana serving as scrutinizer.

*this image is generated using AI for illustrative purposes only.
Algoquant Fintech Limited has successfully completed its postal ballot process for the re-appointment of Mr. Amit Gupta as Independent Director, with the voting concluding on January 28, 2026. The company announced the outcome on January 30, 2026, in compliance with Regulation 30 and 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Postal Ballot Results
The special resolution for Mr. Amit Gupta's re-appointment received overwhelming shareholder support through the remote e-voting process conducted by National Securities Depository Limited (NSDL).
| Voting Outcome: | Details |
|---|---|
| Total Votes Cast: | 207368006 |
| Votes in Favor: | 207367357 (99.9997%) |
| Votes Against: | 649 (0.0003%) |
| Participating Shareholders: | 156 out of 19224 |
| Voting Percentage: | 73.7712% of outstanding shares |
Voting Process Details
The postal ballot process was conducted entirely through remote e-voting, following MCA circulars that eliminated the need for physical ballots. The voting period extended from December 30, 2025 (9:00 A.M. IST) to January 28, 2026 (5:00 P.M. IST).
| Process Timeline: | Date |
|---|---|
| Record Date: | December 26, 2025 |
| Notice Dispatch: | December 29, 2025 |
| Advertisement Published: | December 30, 2025 |
| Voting Period: | December 30, 2025 - January 28, 2026 |
| Results Announcement: | January 30, 2026 |
Category-wise Voting Breakdown
The voting results showed strong support across different shareholder categories, with promoter and promoter group demonstrating unanimous approval.
| Shareholder Category: | Shares Held | Votes Polled | % Polled | In Favor | Against |
|---|---|---|---|---|---|
| Promoter Group: | 206618008 | 206618008 | 100% | 206618008 | 0 |
| Public Institutions: | 11426328 | 0 | 0% | 0 | 0 |
| Public Non-Institutions: | 63051692 | 749998 | 1.1895% | 749349 | 649 |
Scrutinizer and Compliance
CS Sachin Khurana of M/s. S. Khurana & Associates (Membership No. FCS-10098) served as the scrutinizer for the postal ballot process. The scrutinizer was appointed by the Board of Directors on December 23, 2025, and issued the final report on January 30, 2026.
The company dispatched the postal ballot notice electronically to shareholders whose email addresses were registered with the company or depository participants. Advertisement regarding the postal ballot was published in Financial Express (English) and Financial Express (Gujarati Edition) on December 30, 2025.
Company Information
Algoquant Fintech Limited is listed on BSE with scrip code 505725 and on NSE with symbol ALGOQUANT. The company's registered office is located 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.
Historical Stock Returns for Algoquant Fintech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.48% | -2.60% | -10.47% | -10.47% | -10.47% | -10.47% |


































