Adani Power said on Friday that its shareholders authorized a 1:5 stock split. The corporation gained approval with a postal ballot notice dated August 1, 2025. According to a regulatory filing, the resolution was considered lawfully passed with the required majority, as stated in the postal ballot notification dated August 1.
According to the notice, each equity share of Rs 10 will be subdivided into five fully paid-up equity shares of Rs 2 each, ranking equally in all respects. The voting session began at 9 a.m. on August 6 and concluded at 5 p.m. on September 4.
The deadline is August 1, when the number of stockholders stood at 18,20,291.
The business indicated that the board approved and proposed the share split at its August 1, 2025 meeting in order to increase participation from retail and small investors.
The amount of the company’s authorised, issued, subscribed, and paid-up share capital will not alter as a result of the sub-division/split of equity shares, it said.
The record date for the sub-division of equity shares shall be determined by the board (or any duly constituted committee thereof) once member approval is received.
The notice stated that after the stock split, the number of equity shares will increase from 2,480 crore to 12,400 crore.
Adani Power was formed in 1996 and became public in 2009. It has grown greatly in terms of business and performance over the years, resulting in a large increase in the market value of the company’s securities.
What Is a Stock Split, and Why Does It Happen?
A stock split occurs when a firm divides its existing shares into several shares to make them more accessible to investors while maintaining its overall market value. For example, in a 1:5 split, each share is divided into five, and the price per share falls proportionally, although the total value of an investor’s holding remains constant. Companies typically use a stock split to increase liquidity, attract more retail investors, and make their shares easier to trade on the market.