Angel One Limited has granted 7,34,576 Restricted Stock Units (RSUs) to one eligible employee under its Angel Broking Employee Long Term Incentive Plan 2021. The grant, approved by the Nomination and Remuneration Committee, is effective from June 19, 2026. These RSUs are convertible into an equal number of equity shares with a face value of Re. 1 each, providing long-term incentives to the employee.

The LTI Plan 2021 has been adopted by the company in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The scheme is administered by the Nomination and Remuneration Committee, which determines eligibility and grant criteria.

The RSUs will vest over a period of four years. The exercise period for the options will commence from the date of vesting and will expire upon the completion of 10 years from the date of the respective grant, or as may be decided by the committee.

The exercise price for the RSUs is set at Re. 1. This grant represents a significant commitment by the company to retain talent through equity-based compensation.

Angel One held its 30th Annual General Meeting (AGM) on June 12, 2026, where shareholders approved a dividend of ₹24.75 per equity share for the financial year ended March 31, 2026. The meeting, conducted via video conferencing, also sanctioned the re-appointment of Ms. Mala Todarwal and Mr. Muralidharan Ramachandran as Non-Executive Independent Directors. Additionally, shareholders authorized the company to raise funds through Non-Convertible Debentures (NCDs) and approved increases in borrowing and investment limits under the Companies Act, 2013.

The statutory audit report for FY26 contained no qualifications, observations, or adverse remarks. However, the Secretarial Audit Report noted that SEBI issued two settlement orders during the year, the amounts for which were duly paid to the regulator. Disclosures regarding these orders were made in accordance with SEBI LODR Regulation 2015.

Operational Performance

Management highlighted that FY26 was a year of strategic progress. The client base grew to 37.4 million, with 6.9 million new additions during the year. Nearly 89% of these acquisitions originated from Tier 2, Tier 3, and smaller towns. The wealth management business crossed ₹100 billion in assets under management as of March 31, 2026.

From a financial perspective, the company reported a consolidated total income of ₹51,522 million and a profit after tax of ₹9,151 million for FY26.

Key Approvals

The AGM approved special resolutions to expand financial flexibility. Shareholders sanctioned increased borrowing limits under Section 180(1)(C) of the Companies Act, 2013, and increased limits under Section 180(1)(A) for investments, loans, and deposits. Approval was also granted under Section 186 of the Companies Act, 2013, regarding investments by companies.

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. The remote e-voting period commenced on June 8, 2026, and concluded on June 11, 2026.

Voting Results Summary

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