ALPHA TRIBE

Adani Power LimitedOthers, 04-08-2025: Shareholders meeting

04-08-2025 | 06:25 pm

Adani Power will conduct a postal ballot for shareholders to vote on a stock split. The company's Board approved and proposed sub-dividing each existing equity share of Rs 10 face value into five equity shares of Rs 2 face value. This strategic move is intended to facilitate broader participation from retail and small investors. The total authorized and paid-up share capital will remain unchanged post-split. Shareholders will also vote on the necessary amendments to the company's Memorandum of Association. The newly split shares will carry the same rights as current shares.

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