Mumbai, 16 September 2025 – Angel One Limited (“AOL”), a leading stock broking and financial services firm, has announced the incorporation of a new associate company, Angel One LivWell Life Insurance Limited, in collaboration with LivWell Holding Company Pte. Limited. The new entity was incorporated on 11 September 2025 under Corporate Identification Number U65110KA2025FLC208328 and will be engaged in the life insurance business in India, subject to necessary approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and the Ministry of Corporate Affairs. AOL will invest up to INR 1.04 billion, representing a 26% stake in the new company, through a cash subscription at face value. However, AOL will not exercise control over the new entity. This move marks AOL’s strategic expansion beyond its traditional stock broking and financial services offerings. By entering the life insurance sector, the company aims to complement its existing portfolio and strengthen its presence in the broader financial services ecosystem, potentially driving long-term value creation for stakeholders. The announcement follows an earlier update from 23 July 2025, wherein AOL had received in-principle approval from its Board to establish the associate. Disclaimer: This article is for informational purposes only and does not constitute investment advice. Follow for more updates on corporate expansions and market developments.

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