Angel One Limited Chief Product Officer Ankit Rastogi Resigns, Last Working Day Set for August 31, 2026

Angel One Limited has announced the resignation of Mr. Ankit Rastogi, Chief Product Officer and Senior Management Personnel of the company, effective close of business hours on August 31, 2026. The resignation was submitted on May 08, 2026, and the disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Senior Management Change

The following details have been disclosed as required under Regulation 30 read with Part A of Schedule II of the SEBI LODR and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:

Parameter:	Details
Name:	Mr. Ankit Rastogi
Designation:	Chief Product Officer
Reason for Change:	Resignation
Date of Cessation:	Close of business hours on August 31, 2026
Brief Profile (Appointment):	Not Applicable
Relationship Disclosure (Director):	Not Applicable

Reason for Resignation

In his resignation letter addressed to the Group Chief Executive Officer of Angel One Limited, Mr. Rastogi stated that he has decided to pursue opportunities and interests outside the company in alignment with his long-term professional and personal aspirations. He expressed commitment to ensuring a smooth and seamless transition of responsibilities and indicated his complete cooperation during the handover process.

Mr. Rastogi also acknowledged his tenure with the company as an enriching and rewarding experience, citing professional growth and learning opportunities, and expressed gratitude toward the leadership team and colleagues for their guidance and support.

Regulatory Disclosure

The disclosure was filed by Naheed Patel, Company Secretary and Compliance Officer of Angel One Limited, on May 08, 2026, from Mumbai. The filing was made to both the National Stock Exchange of India Limited and BSE Limited in accordance with applicable SEBI regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.05%	+5.60%	+32.47%	+24.60%	+37.22%	+481.42%

Angel One Limited released its monthly business parameters update for April 2026, highlighting robust year-on-year growth across its client base, trading volumes, and market share metrics. The disclosure was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and covers key operational indicators for the month.

Client Base and Funding Book

Angel One's total client base expanded to 37.79 Mn in April 2026, registering a year-on-year growth of 20.0% from 31.48 Mn in April 2025, and a sequential increase of 1.1% from 37.39 Mn in March 2026. Gross client acquisition moderated to 0.46 Mn, reflecting a month-on-month decline of 9.1% and a year-on-year decline of 6.2% compared to 0.49 Mn in April 2025.

The average client funding book reached ₹53.13 Bn in April 2026, marking a significant 35.8% increase year-on-year from ₹39.12 Bn in April 2025, though it declined 3.5% sequentially from ₹55.05 Bn in March 2026. Unique MF SIPs registered came in at 576.54 ('000), a marginal decline of 1.6% month-on-month but up 2.9% year-on-year.

Order Activity and Trading Days

April 2026 had 20 trading days, compared to 19 each in March 2026 and April 2025, translating to a 5.3% increase both month-on-month and year-on-year. Total number of orders reached 135.75 Mn, down 3.0% sequentially from 139.98 Mn but up 27.3% year-on-year from 106.61 Mn. Average daily orders stood at 6.79 Mn, declining 7.9% month-on-month from 7.37 Mn, yet growing 21.0% year-on-year from 5.61 Mn.

The following table summarizes the key operational metrics for April 2026:

Metric:	Apr '26	Mar '26	Apr '25	M-o-M Growth (%)	Y-o-Y Growth (%)
No. of Trading Days:	20	19	19	5.3%	5.3%
Client Base (Mn):	37.79	37.39	31.48	1.1%	20.0%
Gross Client Acquisition (Mn):	0.46	0.51	0.49	-9.1%	-6.2%
Avg Client Funding Book (₹ Bn):	53.13	55.05	39.12	-3.5%	35.8%
Number of Orders (Mn):	135.75	139.98	106.61	-3.0%	27.3%
Average Daily Orders (Mn):	6.79	7.37	5.61	-7.9%	21.0%
Unique MF SIPs Registered ('000):	576.54	585.63	560.36	-1.6%	2.9%

ADTO Performance

Angel One's Average Daily Turnover (ADTO) metrics showed strong year-on-year momentum across segments. The following table summarizes the ADTO figures:

Metric:	Apr '26	Mar '26	Apr '25	M-o-M Growth (%)	Y-o-Y Growth (%)
Overall ADTO – Notional Turnover (₹ Bn):	52,210	49,957	36,957	4.5%	41.3%
F&O ADTO – Notional Turnover (₹ Bn):	49,917	48,032	36,024	3.9%	38.6%
Overall ADTO – Option Premium Turnover (₹ Bn):	2,459	2,109	1,067	16.6%	130.5%
F&O ADTO – Option Premium Turnover (₹ Bn):	166	184	134	-9.8%	24.0%
Cash ADTO (₹ Bn):	94	69	71	35.3%	32.9%
Commodity ADTO (₹ Bn):	2,199	1,855	862	18.6%	155.0%

Notably, overall ADTO based on option premium turnover surged 130.5% year-on-year to ₹2,459 Bn, while commodity ADTO jumped 155.0% year-on-year to ₹2,199 Bn. Cash ADTO also posted strong gains, rising 35.3% month-on-month and 32.9% year-on-year to ₹94 Bn.

Retail Turnover Market Share

Angel One recorded sequential improvements in market share across overall equity, equity cash, and equity derivatives segments during April 2026. The table below outlines the retail turnover market share metrics:

Metric:	Apr '26	Mar '26	Apr '25	M-o-M Change	Y-o-Y Change
Overall Equity Market Share – Option Premium (%):	20.5%	19.7%	19.6%	75 bps	89 bps
F&O Market Share – Option Premium (%):	22.3%	21.6%	20.6%	63 bps	169 bps
Cash Turnover Market Share (%):	17.9%	16.0%	18.0%	193 bps	-2 bps
Commodity Turnover Market Share (%):	56.7%	57.2%	56.1%	-46 bps	61 bps

The cash segment saw a particularly strong sequential gain of 193 bps in market share, rising to 17.9% in April 2026 from 16.0% in March 2026. F&O market share based on option premium turnover improved 169 bps year-on-year to 22.3%. Commodity turnover market share remained dominant at 56.7%, though it edged down 46 bps sequentially.

Management Commentary

According to the company's disclosure, Angel One recorded sequential improvement in market share across overall equity, equity cash, and equity derivatives segments in April 2026. The cash segment saw volumes pick-up in line with expectations. While average daily orders moderated from March 2026 levels—reflecting typical seasonality—they remained above the FY2026 average, indicating sustained strength in underlying client activity. The average client funding book softened during the month, in line with broader industry trends. The above information is as per limited review by the Management Team, and the company intends to provide updates on a monthly basis.