Adani Power's board has approved the sub-division or split of existing equity shares, turning one share into five, and alteration of the capital clause of the Memorandum of Association of the Company. The decision was made during a meeting held on September 4, 2025.
The sub-division involves splitting one equity share with a face value of ₹10 into five equity shares with a face value of ₹2 each.
The authorized share capital of the company is ₹28,000.00 Crores, divided as follows:
- ₹24,800.00 Crores divided into 12,400.00 Crores Equity Shares of ₹2 each.
- ₹500.00 Crores divided into 50.00 Crores Cumulative Compulsory Convertible Participatory Preference shares of ₹10 each.
- ₹750.00 Crores divided into 75.00 Crores Compulsory Convertible Preference Shares of ₹10 each.
- ₹1,000.00 Crores divided into 10.00 Crores Redeemable Preference Shares of ₹100 each.
- ₹950.00 Crores divided into 9.50 Crores Preference Shares of ₹100 each.
The record date for the sub-division or split of existing equity shares will be announced separately.
| Particulars | No. of Shares | Face Value (in ₹) | Total Value (in ₹) |
|---|---|---|---|
| Pre Sub-Division | |||
| Authorized | 2,480,00,00,000 | 10 | 24,800,00,00,000 |
| Subscribed | 385,69,38,941 | 10 | 3,856,93,89,410 |
| Paid-Up | 385,69,38,941 | 10 | 3,856,93,89,410 |
| Post Sub-Division | |||
| Authorized | 12,400,00,00,000 | 2 | 24,800,00,00,000 |
| Subscribed | 1,928,46,94,705 | 2 | 3,856,93,89,410 |
| Paid-Up | 1,928,46,94,705 | 2 | 3,856,93,89,410 |
The sub-division is aimed to enhance the liquidity of the company's equity shares by encouraging participation of retail investors, as the split will make the shares more affordable.
The class of shares which are consolidated or subdivided are Equity Shares, and the company has issued only one class of Equity Shares.
The expected time of completion will be within the prescribed timelines specified in this regard.
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