Adani Group firm Adani Power share price jumped over 4 percent in intra-day deals on Tuesday, July 29 after its Board of Directors announced that they will meet on Friday, August 1, 2025, to consider a stock split (sub-division of shares). The proposal involves splitting the existing fully paid-up equity shares with a face value of ₹10 each into smaller denominations, details of which will be decided by the Board.
The stock split will be subject to shareholder approval and any required regulatory or statutory clearances.
Adani Power news
“Further to our intimation pursuant to Regulation 29 and other applicable provisions of the Listing Regulations, as given on July 24, 2025, we would like to inform you that the meeting of the Board of Directors of the Company to be held on Friday, 1st August 2025 will inter alia also consider the proposal for alteration in the share capital of the Company by way of sub-division/split of the existing equity shares of the face value Rs. 10/- each, fully paid-up, in such a manner as may be determined by the Board, subject to approval of the shareholders of the Company and any regulatory/statutory approvals, as may be required under applicable law,” the company said in a regulatory filing.
