Adani Power Shares Surge 17.5% as Stock Trades Ex-Split After 1:5 Subdivision

Mumbai, 22 September 2025: Adani Power Ltd (NSE: ADANIPOWER) share price jumped 17.51% today, touching an intraday high of ₹168.80, after the company’s equity stock began trading ex-split in a 1:5 ratio. The subdivision reduced the face value of each share from ₹10 to ₹2, significantly increasing the total number of outstanding shares.

Stock Split at 1:5 Ratio Aimed at Affordability and Liquidity

Adani Power announced its first-ever stock split, reducing the face value of shares from ₹10 to ₹2 each, fully paid-up. By multiplying the number of shares fivefold, the company aims to make its stock more affordable to retail investors while enhancing market liquidity. Such corporate actions generally widen participation by lowering the entry barrier for smaller investors.

Shareholder Approval and Capital Structure Amendment Cleared Earlier This Month

The company secured shareholder approval through a postal ballot earlier in September 2025. Alongside the split, Adani Power also amended the Capital Clause of its Memorandum of Association, formally updating its share capital structure. Investors who held shares as of the record date, 22 September 2025, will see the adjusted holdings reflected in their demat accounts shortly.

Wider Market Effect as Stock Becomes More Trade-Friendly

A stock split does not change market capitalisation or individual holding value. However, it reduces the per-share price proportionally, which can result in higher trading activity and improved participation across the market. For Adani Power, the move is expected to encourage broader retail investor engagement and potentially drive stronger daily volumes. The split does not change market capitalisation or individual holding value. However, it reduces the per-share price proportionally, which can result in higher trading activity and improved participation across the market. For Adani Power, the move is expected to encourage broader retail investor engagement and potentially drive stronger daily volumes.

Share Price Rally on Ex-Split Day Shows Market Response

Adani Power’s stock opened at ₹148.20 on the NSE today and quickly gained momentum. By 10:07 a.m. IST, shares were trading at ₹166.75, up ₹24.85 or 17.51%, marking a strong surge. The stock touched an intraday high of ₹168.80 and a low of ₹147.30, pushing the company’s market capitalisation to ₹63,120 crore. The rally underscores heightened trading activity and investor attention following the ex-split adjustment.

Adani Power’s decision to implement a 1:5 stock split has significantly increased share affordability and market accessibility. The move reflects the company’s strategy to enhance liquidity and expand retail participation, while shareholders with holdings as of the record date will now see the revised structure in their demat accounts.

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