Algoquant Fintech Limited has officially informed the stock exchanges regarding the appointment of Mr. Mohd. Intzar as the Company Secretary and Compliance Officer, effective from April 30, 2026. This decision was approved during a Board of Directors meeting held on the same day, following recommendations from the Nomination and Remuneration Committee. Mr. Mohd. Intzar is designated as a Key Managerial Personnel (KMP) of the company.

The newly appointed Company Secretary, Mr. Mohd. Intzar, is a qualified professional and a member of the Institute of Company Secretaries of India (Membership No. 80155). He holds a Bachelor’s degree in Commerce from the University of Delhi and possesses comprehensive experience in corporate governance, legal compliance, and regulatory affairs. His appointment aligns with Regulation 30 of the SEBI Listing Regulations, ensuring the company maintains its standards of secretarial and listing compliances.

Algoquant Fintech Limited, formerly known as Hindustan Everest Tools Limited, operates as a technology-driven trading firm specializing in completely hedged derivatives arbitrage. Based in GIFT City, Gujarat, the company focuses on high-frequency and strategy-based trading by integrating mathematics, economics, and cutting-edge software into its execution engines. In 2025, the company expanded its financial footprint by approving an investment of up to 50 million rupees in NCDEX. Additionally, the company established a dual listing by commencing trading on the National Stock Exchange (NSE) to enhance liquidity and investor accessibility.

For the quarter ended December 31, 2025, Algoquant Fintech reported a consolidated revenue of ₹52.42 Crores, representing a 5.2% year-on-year increase from ₹49.84 Crores. The net profit for the same period stood at ₹5.87 Crores, reflecting a significant 15.3% growth compared to the corresponding quarter of the previous year. The company’s promoter holding remained stable at 73.68% throughout 2025. While the company is categorized in the BSE SmallCap index, it maintains a stable financial history with sound margins in the stock-broking and fintech sector.