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Angel One Approves 1:10 Stock Split, Declares Interim Dividend of ₹23
Angel One Limited
January 15, 2026, 01:14 PM
Angel One approved a 1:10 stock split, increasing share count from ₹10 to ₹1 face value. The company declared a first interim dividend of ₹23 per share for FY25-26, with a record date of January 21, 2026. The proposed business transfer to ASL has been withdrawn.
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Angel One Limited's Board of Directors, in a meeting held on January 15, 2026, approved a significant stock split, subdividing each equity share of face value ₹10 into ten equity shares of face value ₹1. This move aims to enhance share liquidity and make them more accessible to 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 payment is scheduled on or before February 13, 2026.
Additionally, the company announced the withdrawal of its previously proposed business transfer of its broking, depository participant, mutual fund distribution, and research analyst businesses to its wholly-owned subsidiary, Angel Securities Limited (ASL). This decision, taken after considering recent developments, is deemed prudent for the company and its stakeholders.
The Board also approved the un-audited standalone and consolidated financial results for the quarter ended December 31, 2025, along with the limited review report from the auditors. A postal ballot notice seeking shareholder approval for the stock split and consequential alteration of the Memorandum of Association was also approved.
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