Date: October 14, 2026

Board Meeting Outcomes

  • The Company has been allotted 52,500 equity shares of face value ₹10 each at an issue price of ₹100 per share (including premium of ₹90) through subscription to the Rights Issue of AQ Capital Services Private Limited (AQCSPL)
  • Total investment amount: ₹52,50,000 (Rupees Fifty Two Lakh Fifty Thousand Only)
  • The transaction was completed on October 14, 2026

Disinvestment / Strategic Actions

Target Entity Details:

  • Name: AQ Capital Services Private Limited (AQCSPL)
  • Date of Incorporation: November 27, 2024
  • Country of Presence: India
  • Line of Business: Registrar and Transfer Agent (in process of SEBI registration)
  • Paid-up capital: ₹8,00,000 (post-allotment pursuant to the Rights Issue)
  • Turnover as on March 31, 2026: Nil (operations not yet commenced)
  • Turnover for last three financial years: Nil (operations not commenced)

Transaction Details:

  • Type of transaction: Rights Issue subscription
  • Consideration: Cash Consideration
  • Cost of acquisition: ₹52,50,000 for 52,500 equity shares
  • Price per share: ₹100 (face value ₹10 + premium ₹90)
  • Percentage shareholding: No change in shareholding - Company maintains 75% ownership
  • AQCSPL continues to remain a subsidiary of Algoquant Fintech Limited

Transaction Nature:

  • Related party transaction: Yes (holding company-subsidiary relationship)
  • Arm's length basis: Yes
  • Promoter/promoter group/group companies interest: No interest beyond shareholding
  • Governmental/regulatory approvals required: Not Applicable

Objects and Impact:

  • Investment made to support AQCSPL's financial and business requirements
  • Strengthen AQCSPL's financial position
  • Funds will be utilized for SEBI registration cost, other costs, and running costs

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Other Operational / Legal / Strategic Disclosures

  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • Reference to SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Information available on company website: www.algoquantfintech.com