Angel One Limited has officially declared its second interim dividend for the financial year 2025-26, following the board's approval through circular resolution on March 20, 2026. The company announced a dividend of Rs 1.75 per equity share of face value Re 1, which will be paid to eligible shareholders by April 18, 2026.

Dividend Declaration and Payment Timeline

The Board of Directors approved the dividend declaration through circular resolution at 12:05 PM on March 20, 2026, as previously intimated to the stock exchanges. The company has established a comprehensive timeline for the dividend distribution process:

Shareholders whose names appear on the Register of Members or in records of depositories as beneficial owners on the record date of March 27, 2026, will be eligible to receive the interim dividend payment.

Regulatory Compliance and Communication

The dividend declaration was communicated to both National Stock Exchange of India Limited and BSE Limited in compliance with Regulations 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement follows the company's earlier intimation dated March 16, 2026, which had informed exchanges about the board's plan to consider the dividend declaration.

Official Authorization and Corporate Information

The official communication was digitally signed by Naheed Patel, Company Secretary and Compliance Officer (ACS: 22506), on March 20, 2026, from Mumbai. The digital signature was authenticated at 12:10:36 PM with proper certification details, ensuring the authenticity of the corporate announcement.

Angel One Limited operates from its corporate and registered office at 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (E), Mumbai - 400093. The company holds multiple regulatory registrations including SEBI Stock Broker registration (INZ000161534) and various other financial service authorizations, reflecting its comprehensive presence in the Indian financial services sector.

Angel One Limited has successfully settled regulatory proceedings with the Securities and Exchange Board of India (SEBI) regarding its association with certain algorithmic trading platforms. The settlement, finalized under SEBI's specialized scheme for algo platform violations, involved a payment of Rs 1,00,000 and has no material impact on the company's operations.

Settlement Details and Background

Angel One was among 122 stock brokers that came under SEBI's scrutiny for their association with algo platforms offering guaranteed returns. The regulatory examination focused on whether these associations violated SEBI Circular SEBI/HO/MIRSD/DOP/P/CIR/2022/117 dated September 02, 2022, and specific clauses of the SEBI (Stock Brokers) Regulations, 1992.

SEBI's investigation revealed that the Application Programming Interface of these brokers remained integrated with algo platforms whose strategy descriptions contained guaranteed returns and consistent profit promises. Recognizing the large number of similar cases and their common nature, SEBI introduced the Settlement Scheme on Association with Certain Algo Platforms, 2025, to reduce regulatory burden while addressing violations.

Key Settlement Parameters

Regulatory Violations and Compliance Actions

The alleged violations centered on Angel One's association with algo vendors offering assured returns, which contravened established regulatory guidelines. The company's API integration with these platforms was found to be in violation of SEBI's circular and the Code of Conduct provisions under the Stock Brokers Regulations.

In response to the settlement, Angel One has taken corrective measures by disassociating itself from algo platforms where strategy descriptions contained guaranteed returns or consistent profit promises. The company emphasized that this proactive step ensures full compliance with regulatory requirements going forward.

Financial and Operational Impact

The settlement carries no penalty beyond the specified settlement amount of Rs 1,00,000. Angel One has confirmed that the order has no material impact on its financial position, operations, or other business activities. The company's disclosure under Regulation 30 of the SEBI Listing Regulations demonstrates its commitment to transparency and regulatory compliance.

Industry Context and Resolution

The settlement scheme represents SEBI's balanced approach to addressing widespread industry practices while maintaining regulatory standards. By offering a streamlined resolution process for common violations, the regulator has enabled affected brokers to regularize their operations without prolonged adjudication proceedings. Angel One's participation in this scheme reflects its commitment to maintaining regulatory compliance and operational integrity in the evolving digital trading landscape.