- Angel One shares to trade adjusted for 1:10 stock split from Thursday 26.
- Angel One's stock split on February 26 will not change ownership percentages.
- This is the first corporate action that the company has carried out for shareholders.
Angel One Ltd. (ANGELONE) is set to undergo a historic shift this Thursday as it executes its first-ever stock split. While the brokerage firm continues to see massive user growth, reaching over 36 million clients, the management is now moving to make its shares more accessible to the retail audience by slashing the nominal share price through a 1:10 sub-division.
The anticipation of this “corporate reset” triggered intense volatility during Wednesday’s session. Angel One’s share price witnessed sharp swings as traders jostled for position ahead of the February 26 record date. After scaling an early intraday high of ₹2,504.50, the stock faced significant profit-booking, retracing nearly 2.6% to touch a low of ₹2,437.75. This high-volume “tug-of-war” underscores the market’s attempt to price in the new liquidity profile before the shares begin trading on an adjusted basis tomorrow morning.
Does a Stock Split Dilute Your Shares? Ownership and Demat Explained
A common misconception is that a split “dilutes” your ownership. It does not. If Angel One has 1 million total shares and you own 1,000 of them, you own 0.1% of the company. After a 1:10 split, the company now has 10 million total shares, and you now own 10,000 of them. Your stake is still exactly 0.1%.
What Happens to Your Demat Account?
- Price Adjustment: On Thursday morning, you will see the new, lower price (e.g., ₹250) on your dashboard.
- Temporary Portfolio “Drop”: For a few hours (or sometimes a day), your broker might show a massive loss because your price has dropped but your extra shares haven’t been credited yet.
- Credit of Shares: The additional 9 shares for every 1 you held will typically be credited to your Demat account within 2 to 3 working days after the record date, depending on your broker and the depository (CDSL/NSDL).
The “Liquidity” Benefit: By bringing the price down from ₹2,500 to ₹250, Angel One becomes accessible to the “Small Ticket” investor. Someone with only ₹1,000 to invest can now buy 4 shares of the company, whereas previously, they couldn’t even afford one.
If you buy shares on Thursday 26 (the Ex-Date), you are buying the “new” cheaper shares and will not receive the additional 9 shares per unit held, as the benefit remains with the seller who held them through the Wednesday close.
Why Is Angel One Splitting Now?
While the stock has risen roughly 11% over the last 12 months, it remains nearly 45% below its all-time highs. The split is a strategic move to:
- Improve Liquidity: Increasing the number of outstanding shares makes it easier for buyers and sellers to execute trades without massive price slippage.
- Affordability: A lower absolute price (shifting from ~₹2,500 to ~₹250) lowers the barrier to entry for small-scale retail investors.
Angel One Future Outlook: Can the Stock Split Reclaim Record Highs?
The immediate path for Angel One remains focused on retail expansion and price recovery. While the stock has risen 11% over the past 12 months, it currently trades near ₹2,454.9, remaining nearly 45% below its record high levels.
However, the company’s commitment to returning value is evident: since November 2020, Angel One has paid nearly ₹200 per share as dividends to its shareholders. By lowering the barrier to entry through this 1:10 split, the management aims to attract a new wave of liquidity that could help bridge the valuation gap and provide a fresh catalyst for the stock to challenge its previous peaks.
Angel One 2026 Stock Split FAQs
Yes, the 1:10 split is active. One share with a face value of ₹10 is being sub-divided into ten shares with a face value of ₹1 each to improve retail affordability.
The record date is the cut-off to determine eligibility. You must own the shares by the end of the previous trading session (T+1 cycle) to be listed in the company’s books for the benefit.
The fixed record date is Thursday, February 26, 2026. Investors who held the stock through the close of Wednesday, February 25, qualify for the split.
This depends on perspective, but the stock currently trades 45% below its record highs. While Q3 profits dipped 4.5%, total income rose 5.8%, and the firm has paid nearly ₹200 per share in dividends since 2020.