Angel One Limited has disclosed the resignation of Mr. Hemen Bhatia from the position of Chief Executive Officer of Angel One's Asset Management Business. The resignation was tendered on May 26, 2026, and will be effective from the close of business hours on June 18, 2026.
This disclosure references a previous press release made by the company on December 13, 2023 regarding the same matter. The company states that this information is being disclosed voluntarily for the purpose of maintaining transparency and uniform dissemination of information to stakeholders, characterizing it as an act of good governance and transparency.
The disclosure was signed by Naheed Patel, Company Secretary and Compliance Officer (ACS: 22506), and submitted to both the National Stock Exchange of India Limited and BSE Limited. The document originates from the company's Corporate & Registered Office at 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (E), Mumbai - 400093.
No specific reasons for the resignation were provided in the disclosure, and no financial or operational impact of this management change was quantified.