Stock Split, Feb. 25 -- Angel One's share price saw sharp swings on Wednesday, February 25, ahead of the company's record date for its 1:10 stock split scheduled for Thursday.

The domestic brokerage firm has fixed February 26 as the record date for the stock split that was approved earlier, following clearance from its board last month. The board had given its approval for the sub-division of equity shares on January 15.

As per the approved proposal, one fully paid-up equity share with a face value of Rs.10 will be split into 10 fully paid-up equity shares with a face value of Re 1 each. As a result, shareholders will receive 10 equity shares for every single share currently held.

While the face value per share will reduce from Rs.10 t...