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Angel One Declares Interim Dividend, Approves Stock Split, Withdraws Business Transfer
Angel One Limited
January 15, 2026, 01:15 PM
Angel One declared an interim dividend of ₹23 per share for FY25-26, with a record date of January 21, 2026. The company also approved a 1:10 stock split, aiming to improve share affordability and liquidity. The Board withdrew its proposed slump sale of business undertakings to a subsidiary.
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Angel One Limited announced a series of significant corporate actions following its Board of Directors meeting held on January 15, 2026. 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 will be made on or before February 13, 2026.
Furthermore, the Board approved a sub-division or stock split of each existing equity share of face value ₹10 into 10 equity shares of face value ₹1 each. This move aims to make the company's shares more affordable and enhance liquidity. The alteration of the Capital Clause of the Memorandum of Association to reflect this split has also been approved.
The Board also approved the Postal Ballot Notice seeking member approval for the proposed equity share sub-division and the consequential alteration of the Memorandum of Association. The process is expected to be completed within two months from the receipt of all necessary approvals.
In a significant development, 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 made after considering various internal and external factors, with the Board deeming it prudent in the interest of the company and its stakeholders.
Additionally, the Board took on record the Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025, along with the Limited Review Report by the auditors.
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