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Angel One to seek shareholder approval for stock split and MOA alteration via postal ballot
Angel One Limited
January 19, 2026, 01:49 PM
Angel One Limited is seeking shareholder approval for a 1:10 stock split, converting ₹10 face value shares to ₹1 face value shares. Shareholders will vote via postal ballot, with e-voting from January 20 to February 18, 2026. The company also proposes altering its MOA to reflect the post-split capital structure.
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Angel One Limited has announced that it is seeking shareholder approval for a sub-division/split of its equity shares and an alteration of the Capital Clause of its Memorandum of Association (MOA). The company is initiating this process through a postal ballot, with the notice for the same dispatched on January 19, 2026.
The cut-off date for determining eligible shareholders to vote was January 14, 2026. The remote e-voting period will commence on January 20, 2026, at 9:00 AM IST and conclude on February 18, 2026, at 5:00 PM IST. National Securities Depositories Limited (NSDL) has been appointed to facilitate the remote e-voting process.
The proposed resolutions include the sub-division of each equity share of face value ₹10 into 10 equity shares of face value ₹1 each. Additionally, the company proposes to alter its MOA to reflect the authorized share capital of ₹120 crore, divided into 120 crore equity shares of ₹1 each, post the sub-division. The results of the postal ballot are expected to be announced on or before February 20, 2026.
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