Angel One Stock Split 2026: Record date ANNOUNCED - Here's what shareholders will get

Stock Split News 2026, Angel One Stock Split Date: Angel One in January approved a stock split in the ratio of 1:10, whereby each equity share with a face value of Rs 10 will be subdivided into 10 equity shares of Rs 1 each. The announcement was made along with the release of its Q3 quarterly results for financial year 2025-26. Notably, the BSE 500 stock broking firm recently fixed the record date for the corporate action.

A stock split record date is the cut-off date a company uses to determine which shareholders are eligible to receive additional shares from a stock split. Shareholders who own the stock on or before this date qualify for the split.

"The Board of Directors of the Company has approved Sub-division/ split of 1 (One) existing equity share of the Company having face value of Rs. 10/-(Rupees Ten only) each, fully paid-up, into 10 (Ten) equity shares of the Company having face value of Re. 1/-(Rupee One only) each, fully paid-up," the company had informed in its January 15 dated exchange filing.

What does this stock split mean for shareholders?

Shareholders will receive 10 equity shares for every 1 share they currently hold, with the face value changing from Rs 10 per share to Rs 1 per share, while the total value of their investment remains the same; only the number of shares increases and the per-share value (face value and market price, proportionately) decreases, with no change in ownership percentage or overall wealth from the split itself.

"...the Executive Committee has fixed Thursday, February 26, 2026 as the Record Date for the purpose of determining the eligible equity shareholders of the Company whose equity shares shall be sub-divided," the company said in its February 18 dated exchange filing.

Angel One reported a 4.5 per cent year-on-year decline in consolidated profit after tax (PAT) to Rs 269 crore in the December quarter as rising operating expenses weighed on margins. The company had posted a PAT of Rs 281.5 crore in the corresponding year-ago quarter.

However, the broking firm registered a 5.8 per cent increase in total income to Rs 1,338 crore from Rs 1,264 crore in Q3 FY25, driven by an improvement in interest income and fees and commission income.

Total expenses increased to Rs 964.2 crore from Rs 876.5 crore, driven primarily by higher employee benefit costs, employee stock ownership plan (ESOP) expenses and other operating expenses.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)