Algoquant Fintech Limited acquires shares in Vipul Limited
Algoquant Fintech Limited, along with its associated persons acting in concert (PAC), has acquired a stake in Vipul Limited. The acquisition, carried out through the open market, reflects the Fintech entity's continued interest in the target company.Algoquant Fintech Limited, which is not part of a Promoter or Promoter group, secured the shares from the open market. The transaction occurred on August 24, 2026.
The acquisition details and the current shareholding of Algoquant Fintech Limited and its PACs in Vipul Limited are as follows:
| Detail | Pre-Acquisition Holding | Post-Acquisition Holding |
|---|---|---|
| Shares carrying voting rights acquired | 74,20,587 | 74,20,587 |
| Percentage of voting capital (diluted) | 5.26% | 5.26% |
| Total shares (a+b+c+d) | 74,20,587 | 74,20,587 |
| Mode of acquisition | Open Market | Open Market |
The acquisition pertains to Vipul Limited, which is listed on the BSE and NSE.
Key details regarding the target company and the transaction are presented below:
| Aspect | Detail |
|---|---|
| Target Company (TC) | Vipul Limited |
| Acquirer | Algoquant Fintech Limited, Algoquant Financials LLP (PAC), and Riya Saxena (PAC) |
| Acquisition Date | 24.08.2026 |
| Pre-Acquisition Equity Capital of TC | 14,09,59,480 Equity Shares of Re. 1/- |
| Post-Acquisition Equity Capital of TC | 14,09,59,480 Equity Shares of Re. 1/- |
| Total Diluted Share/Voting Capital of TC Post-Acquisition | 14,09,59,480 Equity Shares of Re. 1/- Each |
VIPULLTD Stock Price Movement
Shares are edging higher to ₹16.39 as of 11:28 AM, driven by a solid 1.99% gain in live trading today. The stock has seen a traded volume of 128,128 shares so far this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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