Description
Adani Power Ltd announces subdivision of equity shares from Rs.10 each to five shares of Rs.2 each, effective September 22, 2025.
Summary
Adani Power Ltd has announced a subdivision of its equity shares in the ratio of 1:5. Each existing equity share of face value Rs.10 will be subdivided into five equity shares of face value Rs.2 each. The record date for this corporate action is September 22, 2025.
Key Points
- Company: Adani Power Ltd (Scrip Code: 533096)
- Subdivision ratio: 1 share of Rs.10 becomes 5 shares of Rs.2 each
- Record date: September 22, 2025
- Effective date: September 22, 2025
- Current ISIN (INE814H01011) for Rs.10 shares will become invalid
- New ISIN for Rs.2 shares will be announced separately
Regulatory Changes
The existing ISIN Number INE814H01011 of Rs.10 paid-up value will not be valid for transactions on the exchange on or after September 22, 2025. A new ISIN number for the Rs.2 paid-up shares will be communicated through a separate notice.
Compliance Requirements
Trading members are informed of this corporate action and must ensure proper handling of the subdivision in their systems and client accounts.
Important Dates
- Record Date: September 22, 2025
- Effective Date: September 22, 2025
- ISIN validity cut-off: September 22, 2025
Impact Assessment
This subdivision will increase the number of shares outstanding by 5x while reducing the face value and market price proportionally. The action aims to improve liquidity and make shares more accessible to retail investors. Existing shareholders will receive 4 additional shares for each share held as of the record date.
Impact Justification
Stock subdivision affects share price and trading mechanics but is neutral for shareholder value