Key Highlights
- Angel One fixed February 26, 2026 as the record date for its 1:10 share split.
- One equity share of Rs.10 face value will be split into 10 shares of Re.1 each.
- Eligible shareholders holding shares on the record date will receive split shares.
- Issued and paid-up equity capital remains unchanged at Rs.908.55 crore.
- Share split aims to improve liquidity and increase retail investor participation.
- Completion of the subdivision is expected within about two months after approvals.
Angel One Limited has announced a subdivision of its equity shares and fixed February 26, 2026 as the record date to determine eligible shareholders for the corporate action.
Under the approved restructuring, one existing fully paid equity share with a face value of Rs.10 will be split into ten equity shares having a face value of Re.1 each. The move represents a 1:10 stock split, a corporate action generally undertaken to enhance liquidity and improve affordability for investors.
Following the split, the company’s issued, subscribed and paid-up equity share capital will remain unchanged at approximately Rs.908.55 crore. While the overall capital structure stays the same, the number of outstanding shares will increase significantly due to the reduced face value.
Prior to the subdivision, Angel One had about 9.08 crore equity shares with a face value of Rs.10 each. After implementation, the total number of shares will rise to nearly 90.85 crore equity shares of Re.1 each, increasing market accessibility without impacting shareholder value.
The company stated that the primary objective of the share split is to improve trading liquidity and encourage broader participation, particularly from retail investors. Stock splits typically lower the trading price per share, making the stock more accessible while maintaining proportional ownership for existing shareholders.
Angel One expects the share split process to be completed within approximately two months, subject to necessary approvals. Eligible investors holding shares as of the record date will automatically receive the revised number of shares in their demat accounts.