Algoquant Fintech Ltd — Board Meeting, 31-05-2025: Board Meeting

Algoquant Fintech Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved the audited standalone and consolidated results, with the auditor giving an unmodified opinion. Ms. Barkha Sipani resigned as Company Secretary and Compliance Officer, effective May 31, 2025, and Mr. Krishna Kumar Yadav will be appointed to the role from June 1, 2025. Mr. Dhruv Gupta’s designation changed from Non-Executive Director to Whole-time Director for five years, subject to member approval. The Board also approved appointments of M/s. Parth P Shah & Associates as Secretarial Auditor and M/s. VBRG & Associates as Internal Auditor for FY 2025-26. The company completed a composite scheme of arrangement, merging its holding company and stockbroking business, which expanded its share capital and business scale. The company reported net profit of ₹32.58 Cr and total revenue of ₹234.55 Cr for FY 2024-25 (all figures in lakh), with earnings per share of ₹20.86. Cash and bank balances stood at ₹2.11 Cr, with borrowings reduced to ₹20.50 Cr. This consolidation and leadership update support Algoquant’s growth and governance strengthening.