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Angel One approves 1:10 stock split and declares ₹23 interim dividend
Angel One Limited
January 15, 2026, 01:04 PM
Angel One's Board approved a 1:10 stock split, making shares more affordable. They declared a first interim dividend of ₹23 per share for FY25-26, with a record date of January 21, 2026. Unaudited financial results for Q3 FY26 were also noted. The company withdrew its proposed business transfer to a subsidiary.
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Angel One Limited's Board of Directors, in a meeting held on January 15, 2026, approved a stock split of its equity shares. Each existing equity share with a face value of ₹10 will be sub-divided into 10 equity shares with a face value of ₹1 each. This move aims to increase the shares' affordability and liquidity for investors, particularly retail participants.
The Board also declared the first interim dividend for the Financial Year 2025-26 at the rate of ₹23 per equity share. The record date for this dividend is January 21, 2026, and the payment will be made on or before February 13, 2026.
Additionally, the Board took note of the un-audited standalone and consolidated financial results for the quarter ended December 31, 2025. They also approved the notice for a postal ballot to seek shareholder approval for the proposed stock split and the consequential alteration of the company's Memorandum of Association.
In a significant decision, the Board decided to withdraw the proposed transfer of the business undertaking, which included securities broking, depository participant, mutual fund distribution, and research analyst businesses, to its wholly-owned subsidiary, Angel Securities Limited (ASL). This decision, communicated on May 14, 2025, was re-evaluated due to various internal and external developments, with the Board deeming it prudent to withdraw the transfer in its current form.
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