Angel One shareholders approved the confirmation of two interim dividends aggregating to ₹24.75 per equity share for the financial year ended March 31, 2026, at its 30th Annual General Meeting (AGM) held on June 12, 2026. The meeting, conducted via Video Conferencing, also approved the re-appointment of Ms. Mala Todarwal and Mr. Muralidharan Ramachandran as Non-Executive Independent Directors for a second term of five consecutive years effective from October 20, 2026, and August 6, 2026, respectively. Additionally, the shareholders authorized the company to raise funds through the issuance of Non-Convertible Debentures (NCDs) in one or more tranches via private placement or public issue, and approved increases in borrowing and investment limits under the Companies Act, 2013.

The company disclosed that all ten resolutions on the agenda were passed with the requisite majority. The voting results showed strong support from the Promoter and Promoter Group, which cast 25,74,22,220 votes in favour of the financial statements and dividend resolutions. Public Institutions and Public Non-Institutions also participated actively, with overall participation exceeding 76.8% of the outstanding shares.

Voting Results Summary

The following table summarizes the voting results for the key resolutions passed during the AGM:

Key Approvals

The AGM approved several special resolutions that expand the company's financial flexibility. Shareholders sanctioned an increase in borrowing limits under Section 180(1)(C) of the Companies Act, 2013, and an increase in limits under Section 180(1)(A) concerning investments, loans, and deposits. Approval was also granted under Section 186 of the Companies Act, 2013, which typically relates to investments by companies. The authorization to issue NCDs provides the company with a mechanism to raise debt capital as needed.

Meeting Details

The meeting was chaired by Mr. Dinesh Thakkar, Chairman & Managing Director. Key attendees included Mr. Ambarish Kenghe, Group CEO and Whole-time Director, and Mr. Vineet Agrawal, Group Chief Financial Officer. The statutory auditors, SRBC & Co LLP, were represented by Mr. Rutushtra Patell and Mr. Jaikishan Wadhwani. M/s. Makarand M. Joshi & Co acted as the scrutinizer for the e-voting process. The remote e-voting period commenced on June 8, 2026, and concluded on June 11, 2026.

Angel One reported a 19.5% year-on-year increase in its client base to 38.17 million for May 2026, driven by continued platform engagement. The average client funding book surged 57.5% year-on-year to ₹63.09 billion, reaching an all-time high, while average daily orders rose 18.5% year-on-year to 6.86 million. The company disclosed these key business parameters for May 2026 in a regulatory filing dated June 04, 2026.

Business Performance Overview

The broker's operational metrics showed mixed trends during the month. The number of orders declined 4.0% month-on-month to 130.35 million, though this represented a 7.2% increase compared to May 2025. Gross client acquisition moderated by 9.7% month-on-month to 0.42 million and fell 16.7% year-on-year. Unique mutual fund SIPs registered stood at 584,510, down 7.0% year-on-year but up 1.4% month-on-month.

Turnover and Market Share

Angel One's Average Daily Turnover (ADTO) based on notional turnover dipped 0.4% month-on-month to ₹52,006 billion, while the F&O segment declined 0.2% to ₹49,814 billion. Cash ADTO rose 9.7% year-on-year to ₹95 billion from ₹86 billion. ADTO based on option premium turnover jumped 141.3% year-on-year to ₹2,355 billion. In terms of market share, the company's F&O share based on option premium turnover expanded 11 basis points month-on-month to 22.4%, while cash and commodity market shares saw some moderation.

Key Operational Metrics

The table below summarises Angel One's key operational metrics for May 2026 compared to the prior month and the same period last year:

The information was reviewed by the management team, and Angel One intends to provide these updates on a monthly basis.