India, Sept. 5 -- Adani Power on Friday announced that shareholders have approved a stock split in the ratio of 1:5, following a postal ballot notice issued on August 1, 2025.
In a regulatory filing, the company said the resolution was passed with the requisite majority. As per the notice, each equity share of ?10 will be sub-divided into five fully paid-up equity shares of ?2 each, carrying equal rights. The voting process was conducted between 9 AM on August 6 and 5 PM on September 4.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....