Angel One Limited has informed the Exchange regarding 'Transcript of 29th Annual General Meeting of Angel One Limited'.
ANGELONE · price
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Angel One submitted the transcript of its 29th AGM held on June 9, 2025 via video conferencing. The Chairman highlighted FY25 achievements: 9.3 million new clients added (88% from tier 2/3 cities), Demat market share of 16.1%, NSE active client share of 15.4%, and retail equity turnover share of 19.5%. New growth verticals were emphasized: the asset management business (approved Nov 2024) crossed Rs. 1 billion AUM, premium wealth platform Ionic Wealth crossed Rs. 40 billion in client assets, and lending partnerships distributed Rs. 7 billion in personal loans. The Group CEO outlined the fintech vision around AI, data-led personalization, and multi-engine growth across broking, AMC, wealth, credit, and insurance. Shareholders asked about share split, bonus, and physical meetings; management declined a split or bonus for now, citing business strength over price action.
No new material disclosure beyond the AGM proceedings already known. Investors may note management's firm stance against share split or bonus despite requests, and continued focus on digital-first expansion and new verticals (AMC, wealth, lending, insurance) as the next growth levers.