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Algoquant Financials LLP, a promoter of Algoquant Fintech Limited, has reported the release of encumbrance on 5,54,24,982 equity shares. This represents 19.71% of the company's total share capital, previously pledged for fund-raising with Growth Securities Private Limited. Importantly, these shares were simultaneously re-pledged in the commodity segment to the same entity. This indicates a reclassification of the pledge rather than a net decrease in the promoter's encumbered shareholding, providing clarity on their financing arrangements.