Angel One Limited held its 29th Annual General Meeting (AGM) virtually on Monday, June 09, 2025.

Key highlights and updates from the AGM include:

• The company achieved a record 9.3 million new clients in FY25, with 88% of them originating from Tier 2 and Tier 3 cities and beyond.
• Its Demat market share increased to 16.1%, while its market share across NSE active clients stood at 15.4%, and its share of retail equity turnover climbed to 19.5%.
• In November 2024, Angel One received regulatory approval to start its asset management business, launching five mutual fund schemes and crossing ₹1 billion in Assets Under Management (AUM) within a few months.
• In December 2024, the company launched Ionic Wealth, a premium next-gen platform for ultra-high net worth and emerging affluent clients, which has already crossed ₹40 billion in client assets.
• Angel One partnered with six lenders (two banks and four NBFCs) to distribute ₹7 billion in personal loans till March 2025, without taking balance sheet risk.
• A fully digital motor insurance experience was beta-launched on its super app, expanding its insurance portfolio.
• Chairman highlighted India's financial transformation, stating that the country is at the beginning of a decade-long exciting phase of growth in financial services.
• Group CEO Ambarish Kenghe reiterated the company's vision to become India's most trusted FinTech brand, leveraging data and technology, and confirmed plans to continue investing in AI, enhancing efficiencies, and expanding its product suite.
• The company's bank balance includes ₹7,317 crore towards client funds/margins.
• Through its CSR program, Angel One Skill Development, the company has trained over 34,000 individuals across 12 states, with over 70% securing jobs or starting their own businesses.
• The company clarified that it does not operate physical branches; all branches belong to business partners. A share split is not considered necessary at present, with focus remaining on strengthening the business.