Angel One promoter group holds 262 crore shares, none encumbered
Angel One promoter Dinesh Thakkar disclosed a collective holding of 2,62,28,2050 equity shares by the promoter group as of March 31, 2026. The filing confirms that none of these shares are encumbered, directly or indirectly, during the financial year ended March 31, 2026.

*this image is generated using AI for illustrative purposes only.
Angel One Limited promoter Dinesh Thakkar, along with the promoter group and persons acting in concert, collectively hold 2,62,28,2050 equity shares as of March 31, 2026. In a disclosure submitted to the stock exchanges, Thakkar confirmed that none of these shares are encumbered directly or indirectly during the financial year ended March 31, 2026. This declaration was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure clarifies that the term encumbrance includes any restriction on the free and marketable title to shares, pledge, lien, negative lien, non-disposal undertaking, or any similar covenant. The filing ensures that the shareholding remains free from such liabilities, which is critical for maintaining the voting rights and transferability of the shares held by the promoters.
Shareholding Details
The filing provided a detailed breakdown of the promoters and promoter group members, confirming zero encumbered shares across the board. The list includes individual promoters and various group entities.
| Sr. No. | Category | Name of Promoter | No. of Shares Encumbered |
|---|---|---|---|
| 1. | Promoter | Dinesh Dariyanumal Thakkar | - |
| 2. | Promoter | Ashok Daryanimal Thakkar | - |
| 3. | Promoter Group | Dinesh D Thakkar Huf | - |
| 4. | Promoter Group | Bhagwani Tarachand Thakkar | - |
| 5. | Promoter Group | Tarachand Daryanumal Thakker | - |
| 6. | Promoter Group | Kanta Dinesh Thakkar | - |
| 7. | Promoter Group | Mahesh Daryanumal Thakkar | - |
| 8. | Promoter Group | Bhavesh Thakkar | - |
| 9. | Promoter Group | Chandru Thakkar | - |
| 10. | Promoter Group | Meena Thakkar | - |
| 11. | Promoter Group | Shobraj Thakkar | - |
| 12. | Promoter Group | Vijay Thakkar | - |
| 13. | Promoter Group | Vinay Thakkar | - |
| 14. | Promoter Group | Nirwan Monetary Services Pvt Ltd | - |
| 15. | Promoter Group | DA Lady Apparels Private Limited | - |
| 16. | Promoter Group | Dartstock Broking Private Limited | - |
| 17. | Promoter Group | Jack & Jill Apparel Private Limited | - |
The disclosure was addressed to the Chairman of the Audit Committee of Angel One Limited and the listing departments of the National Stock Exchange of India Limited and BSE Limited.
Historical Stock Returns for Angel One
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.78% | -3.07% | -0.40% | +33.93% | +14.29% | +314.42% |
Does the zero-encumbrance status indicate that the promoters are planning to maintain their current stake or potentially increase it in the near future?
How does this clean shareholding position impact Angel One's ability to raise capital through pledged shares if market conditions deteriorate?
Could this disclosure signal a shift in corporate governance strategy regarding the use of promoter shares as collateral for other business ventures?

































