Adani Power shares will remain on investors’ radar on Monday, September 22, as the company’s stock split takes effect. The power utility has fixed today as the record date to determine shareholder eligibility for the split, a corporate action that will increase the number of outstanding shares and reduce the face value per share.
On Friday, ahead of the development, the stock surged 13.42% to settle at ₹716.10 apiece, marking another strong performance in its ongoing rally. Adani Power has delivered remarkable returns over time—rising more than 20% in the past month, nearly 37% in the last six months, and an impressive 1,856% over the longer horizon, firmly establishing itself as a multibagger in the Adani Group’s portfolio.
Stock Split Details
The company’s board earlier this month approved the subdivision of shares in a 1:5 ratio. Under this arrangement, each existing equity share with a face value of ₹10 will be split into five equity shares carrying a face value of ₹2 each. With this move, Adani Power’s total of 385.69 crore fully paid-up equity shares will multiply accordingly, though the market capitalisation will remain unchanged.
The company clarified in its regulatory filing: “The record date for determining the eligibility of shareholders for the sub-division/split of equity shares has been fixed as Monday, September 22, 2025.”
Impact on Investors
While a stock split does not alter the company’s fundamentals or earnings, it makes shares more affordable for retail investors by reducing the price per unit. This often improves liquidity and can potentially widen the investor base.
This marks Adani Power’s first-ever stock split, underscoring a milestone in its growth journey. Market participants will be watching closely to see how the stock trades once the split-adjusted price comes into effect.
