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Algoquant Fintech LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Algoquant Financials LLP, a promoter group entity of Algoquant Fintech Limited, has pledged an additional 27 lakh equity shares (0.96% of total capital) to Globe Capital Market Ltd. for fund-raising. This action increases the promoter group's total encumbered shares to 5.54 crore, representing 19.71% of Algoquant Fintech's total capital. These specific shares were previously released from the F&O segment and subsequently re-pledged in the commodity segment with the same entity. This move impacts the promoter's shareholding flexibility and liquidity.

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