Angel One Shares Adjust After 1:10 Stock Split, Total Value Unchanged

Angel One's shares appeared to drop nearly 90% on February 26 due to a 1:10 stock split, where each existing share was divided into ten shares with a proportionally lower price. This adjustment did not affect the total investment value or the company's market capitalization. The split aims to improve liquidity and make shares more accessible to retail investors. Only shareholders on the record date were eligible for the additional shares, and the stock traded lower post-split reflecting the adjusted price.