Adani Power Limited has informed the Exchange regarding Notice of Postal Ballot
ADANIPOWER · price
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Adani Power Limited is seeking shareholder approval through a postal ballot to sub-divide (split) its equity shares. The proposal is to split each existing equity share of face value Rs. 10 into 5 equity shares of face value Rs. 2 each. The total share capital value will remain unchanged at approximately Rs. 24,800 crore (authorized) and around Rs. 3,857 crore (issued and paid-up), but the number of shares will multiply by 5. The current authorized equity share count of 2,480 crore shares will rise to 12,400 crore shares post-split. The company is also seeking approval to amend the Capital Clause (Clause V) of its Memorandum of Association to reflect the new structure, which also introduces various categories of preference shares totaling Rs. 3,200 crore alongside the equity portion. Voting through electronic means runs from August 6, 2025 to September 4, 2025, with the cut-off date set as August 1, 2025.
If approved, the share split will make Adani Power shares more affordable and accessible to retail and small investors, likely improving liquidity and trading volumes on the stock. Existing shareholders will automatically receive 5 shares for every 1 share held, with no change in their overall investment value or the company's market capitalization. The stock price will adjust downward proportionally post-record date.