Adani Power Proposes Stock Split to Boost Retail Investor Participation
Adani Power seeks shareholder approval for a 1:5 stock split via postal ballot, aiming to enhance retail investor participation. The company's board approved the split on August 1, 2025, with voting open from August 6 to September 4. The measure won't alter the overall share capital.
- Country:
- India
Adani Power has announced plans to pursue a stock split in a 1:5 ratio, seeking shareholder approval through a postal ballot initiated on August 1, 2025. This corporate maneuver aligns with the company's strategy to widen retail investor participation.
Post-split, shares valued at Rs 10 each will transform into five units worth Rs 2 each, maintaining all existing equity characteristics. This change is slated for execution post member approval, with voting set from August 6 to September 4.
Given its significant market evolution since incorporation in 1996, Adani Power has recommended this adjustment to better accommodate smaller investors. The alteration will not impact the total authorised, issued, subscribed, or paid-up capital, according to company documents.
(With inputs from agencies.)
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