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Angel One approves interim dividend, stock split, and withdraws business transfer plan

Angel One Limited

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January 15, 2026, 01:18 PM

Angel One's Board approved Q3 FY26 un-audited results. Declared first interim dividend of ₹23 per share, with record date Jan 21, 2026. Approved stock split of 1:10, reducing face value from ₹10 to ₹1. Withdrew proposed business transfer to subsidiary ASL.

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Angel One Limited announced the outcome of its Board Meeting held on January 15, 2026. The Board approved the un-audited standalone and consolidated financial results for the quarter ended December 31, 2025, along with the limited review report by the auditors.

Furthermore, the Board 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 is scheduled on or before February 13, 2026.

In a significant move, the Board also approved the sub-division (stock split) of each existing equity share of ₹10 face value into 10 equity shares of ₹1 face value each. This is intended to make the shares more affordable and enhance liquidity. The alteration of the Capital Clause of the Memorandum of Association to reflect this change was also approved. A postal ballot notice seeking member approval for the stock split and consequential alteration of the MOA was also approved.

Additionally, the Board decided to withdraw the proposed transfer of the securities broking business, depository participant business, mutual fund distribution business, and research analyst business to its wholly-owned subsidiary, Angel Securities Limited (ASL), via a slump sale. This decision was taken after considering various internal and external developments, with the Board deeming it prudent in the interest of the Company and its stakeholders to withdraw the proposal in its current form.

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