Description
Face value of Adani Power Limited equity shares will be split from Rs. 10 to Rs. 2 effective September 22, 2025.
Summary
NSE has announced that Adani Power Limited will undergo a face value split of its equity shares from Rs. 10 to Rs. 2, effective September 22, 2025. This corporate action will proportionally increase the number of shares while reducing the face value per share.
Key Points
- Company: Adani Power Limited (Symbol: ADANIPOWER)
- Current face value and paid-up value: Rs. 10 per share
- New face value and paid-up value: Rs. 2 per share
- Split ratio: 5:1 (each existing share will become 5 shares)
- Effective date: September 22, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing listing regulations.
Compliance Requirements
- All NSE members must note the change in face value
- Trading systems will be updated to reflect the new face value
- Share certificates and records will be adjusted accordingly
Important Dates
- September 22, 2025: Effective date for face value split
Impact Assessment
The face value split will make shares more affordable for retail investors by reducing the absolute share price. This is typically a neutral event that increases liquidity without affecting the fundamental value of the company. Existing shareholders will receive 5 shares for every 1 share held, maintaining their proportional ownership.
Impact Justification
Face value split affects share price and number of shares but is generally a neutral corporate action