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Angel One settles SEBI case on algo platform ties with no material business impact

Story Highlights
  • SEBI settled proceedings against Angel One over links to certain algo platforms after finding its API remained integrated with vendors advertising guaranteed returns.
  • Angel One paid Rs 1,00,000 under SEBI’s settlement scheme, faced no additional penalties, and has cut ties with such algo platforms, saying there is no material business impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Angel One settles SEBI case on algo platform ties with no material business impact

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The latest announcement is out from Angel One Limited ( (IN:ANGELONE) ).

Angel One Limited has disclosed that the Securities and Exchange Board of India issued a settlement order under a special scheme relating to stockbrokers’ associations with certain algorithmic trading platforms. SEBI’s examination found that APIs of 122 brokers, including Angel One, had remained integrated with algo platforms whose strategy descriptions promised guaranteed returns or consistent profits, in violation of a 2022 SEBI circular and the stockbroker code of conduct.

To resolve the matter, Angel One applied under SEBI’s “Settlement Scheme on Association with Certain Algo Platforms, 2025” and paid Rs 1,00,000 as the specified settlement amount, with no penalty, restriction or further sanction imposed. The company stated that it has disassociated from such algo platforms and emphasized that the order has no material impact on its financials, operations or other activities, suggesting limited direct fallout for clients and shareholders but underscoring tighter regulatory scrutiny of broker–algo vendor linkages.

More about Angel One Limited

Angel One Limited is a Mumbai-based stockbroking and financial services company registered with SEBI, offering brokerage, depository, portfolio management, research, investment advisory and mutual fund distribution services. The company operates in India’s capital markets, serving retail investors through digital platforms and APIs that connect clients to trading and investment products.

Average Trading Volume: 518,901

Technical Sentiment Signal: Sell

Current Market Cap: 214.6B INR

See more insights into ANGELONE stock on TipRanks’ Stock Analysis page.

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