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Adani Power Stock Split: Each equity share of Rs 10 will be sub-divided into five fully paid-up equity shares of the face value of Rs 2 each, ranking pari passu in all respects.
Adani Power Stock Split.
Adani Power on Friday said its shareholders have approved a stock split in the ratio of 1:5. The company has received the approval through a postal ballot notice issued on August 1, 2025. The resolution has been considered as duly passed with the requisite majority, as mentioned in the postal ballot notice dated August 1, according to a regulatory filing.
According to the notice, each equity share of Rs 10 will be sub-divided into five fully paid-up equity shares of the face value of Rs 2 each, ranking pari passu in all respects. The voting period began from 9 am on August 6, and ended at 5 pm on September 4.
The cut-off date is August 1, when the number of shareholders stood at 18,20,291.
The company explained that the board, at its meeting on August 1, 2025, approved and recommended the share split to facilitate greater participation from retail and small investors.
There will not be any change in the amount of authorised, issued, subscribed and paid-up share capital of the company on account of sub-division/split of the equity shares, it had stated.
The record date for the sub-division of equity shares shall be fixed by the board (or by any duly constituted committee thereof) after the approval of the members is obtained.
The notice showed that post-stock split, the number of equity shares will increase from 2,480 crore to 12,400 crore.
Adani Power was incorporated in 1996 and in 2009 got listed on the bourses. It has grown significantly in terms of its business and performance over the years resulting in a significant improvement in the market price of the company’s securities.
What Is A Stock Split And Why Is It Done?
A stock split is when a company divides its existing shares into multiple shares to make them more affordable for investors without changing its overall market value. For example, in a 1:5 split, each share is divided into five, and the price per share comes down proportionately, while the total value of an investor’s holding remains the same. Companies usually go for a stock split to improve liquidity, attract more retail investors, and make their shares easier to trade in the market.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 05, 2025, 11:04 IST
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