Angel One has received approval from board of directors to raise up to Rs 500 crore by way of issuance of Non-Convertible Debentures ('NCD's) in one or more tranches on private placement basis. The Board of Directors of the Company in its meeting held on January 15, 2024 has approved the same.
Angel One is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of its Subsidiaries, AFPL) and financial products distribution to its clients under the brand ‘Angel Broking’.
