Angel One’s board has approved a 10-for-1 stock split, making shares more accessible to retail investors. A first interim dividend of ₹23 per share for the fiscal year 2025-26 has also been declared. The company has withdrawn its proposed business transfer to a subsidiary. These decisions aim to boost investor participation and streamline operations.
Stock Split Approved
The Board of Directors has approved a 10-for-1 stock split. Each share with a face value of ₹10 will be subdivided into 10 shares with a face value of ₹1 each. The aim is to increase liquidity and broaden investor participation, particularly among retail investors.
Interim Dividend Declared
A first interim dividend of ₹23 per share has been declared for the financial year 2025-26, payable to shareholders on record as of January 21, 2026. The dividend will be paid by February 13, 2026.
Business Transfer Update
The Board has decided to withdraw the proposed transfer of its securities broking, depository participant, mutual fund distribution, and research analyst businesses to its wholly-owned subsidiary, Angel Securities Limited (ASL). This decision was made after careful consideration of internal and external factors.
Financial Performance Highlights (Q3 2026)
- Revenue from operations: ₹13,348.96 million
- Total Income: ₹13,376.97 million
- Profit before tax: ₹3,734.36 million
- Profit for the period: ₹2,686.64 million
Source: BSE