Angel One announced the resignation of Mr. Hemen Bhatia from the position of Chief Executive Officer of its Asset Management Business. The resignation, tendered on May 26, 2026, becomes effective from the close of business hours on June 18, 2026. The company stated that this voluntary disclosure aims to maintain transparency and ensure uniform dissemination of information to stakeholders.

Resignation Details

Mr. Hemen Bhatia stepped down from his role leading the Asset Management Business. The company confirmed that the resignation was submitted on May 26, 2026. The effective date for the departure is set for June 18, 2026, marking the end of his tenure at the close of business hours on that day.

Governance and Disclosure

The filing was submitted to the National Stock Exchange of India Limited and BSE Limited. Angel One Limited emphasized that the information was shared voluntarily as part of good governance practices. The disclosure ensures that all stakeholders receive timely and uniform updates regarding key management changes.

Angel One Limited has announced the publication of the notice for its 30th Annual General Meeting (AGM). The AGM is scheduled to be held through Video Conference (VC) on Friday, June 12, 2026, at 4:00 p.m. IST. The electronic dispatch of the Notice of AGM along with the Annual Report 2025-26 was completed on May 20, 2026.

Agenda and Resolutions

The meeting will transact ordinary business, including the adoption of standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders will also consider the confirmation of payment of two interim dividends aggregating to ₹ 24.75 per equity share for the financial year ended March 31, 2026.

Special Business

The AGM will seek shareholder approval for several special resolutions. The Board proposes the re-appointment of Ms. Mala Todarwal and Mr. Muralidharan Ramachandran as Non-Executive Independent Directors for a second term of five consecutive years. Additionally, the company seeks approval to increase borrowing limits under Section 180(1)(c) and Section 180(1)(a) of the Companies Act, 2013, to ₹ 20,000 crores. Another resolution seeks approval to give loans, guarantees, and make investments under Section 186 of the Act up to an aggregate sum of ₹ 20,000 crores. The company also proposes to raise funds by issuing Non-Convertible Debentures (NCDs) up to ₹ 1,500 crores.

E-Voting and Shareholder Eligibility

The company has engaged NSDL to facilitate remote e-voting. Remote e-voting will commence on Thursday, June 8, 2026, at 9:00 a.m. IST and conclude on Monday, June 11, 2026, at 5:00 p.m. IST. The cut-off date for determining shareholder eligibility is Friday, June 5, 2026. Members who acquire shares after the dispatch of the notice but hold them as on the cut-off date are eligible to vote.

Scrutinizer Appointment

The Board of Directors has appointed Mr. Vaibhav Dandawate and, in his failure, Ms. Deepti Kulkarni from Ms. Makarand M. Joshi & Co., Practicing Company Secretaries, to act as Scrutinizers for the remote e-voting and e-voting during the meeting. Members holding shares in demat form are requested to update their email addresses with their respective Depository Participants.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE732I01013/b1d34b69f915481c.pdf