Algoquant Fintech Ltd — Updates, 31-05-2025: Company Update

Algoquant Fintech Limited has announced a board meeting on May 30, 2025, where it approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with unmodified audit opinions. Key management changes include the resignation of Company Secretary Ms. Barkha Sipani and appointment of Mr. Krishna Kumar Yadav as her successor from June 1, 2025. Mr. Dhruv Gupta’s designation changed from Non-Executive to Whole-time Director for five years, subject to shareholder approval. The firm also appointed 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 business amalgamation effective April 1, 2023, combining Algoquant Investments Pvt Ltd and Growth Securities Pvt Ltd’s stockbroking business, leading to a restatement of prior periods and revised share capital structure, including bonus shares. Financially, standalone revenue stood at ₹234.55 Cr with a profit after tax of ₹32.58 Cr for the year. The company received SEBI registration as a Stock Broker/Clearing Member, supporting its brokerage operations. The controls and audit processes remain strong with no qualifications in audit reports. Overall, the company is expanding its operational scope and consolidating its position in fintech and stockbroking.