Adani Power shareholders approve stock split in ratio of 1:5 via e-voting

Shareholders of Adani Power approved stock split proposal floated by the company through electronic voting, Adani Power told exchanges in a regulatory filing. The company had conducted e-voting from 09.00 am on Wednesday, August 06, 2025 and ended at 5.00 pm on Thursday September 04, 2025.

The company announced stock split in ratio of 1:5.

According to the notice, each equity share of Rs 10 will be sub-divided into five fully paid-up equity shares of the face value of Rs 2 each, ranking pari passu in all respects. The voting period began from 9 am on August 6, and ended at 5 pm on September 4.

The company explained that the board, at its meeting on August 1, 2025, approved and recommended the share split to facilitate greater participation from retail and small investors.

There will not be any change in the amount of authorised, issued, subscribed and paid-up share capital of the company on account of sub-division/split of the equity shares, it had stated.

The record date for the sub-division of equity shares shall be fixed by the board (or by any duly constituted committee thereof) after the approval of the members is obtained.

Adani Power Q1 earnings

Adani Power posted a 15.5% decline in its consolidated net profit at ₹3,305 crore on Friday, August 1, for the quarter ended June 30 of the financial year 2025-26 on account of lower merchant tariffs and elevated operating expenses following acquisitions. The company had clocked a net profit of ₹3,913 crore in the same quarter of the previous fiscal year.

Adani Power’s board on Friday has also approved a stock split of the existing 1 equity share of the company having a face value of ₹10 each, fully paid up, into 5 equity shares having a face value of ₹2 each, fully paid up.

The Adani group firm’s total revenue from operations also dipped 5.6% year-on-year (YoY) to ₹14,109 crore in Q1 FY26 as compared to ₹14,956 crore in the corresponding quarter last year. The decline came primarily due to lower merchant tariff realisation and import coal prices year-on-year, the firm said.

On the back of lower revenue and additional operating expenses of recent acquisitions on a yearly basis, the company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined 8.22% to ₹5,686 crore in the period ended June 2025 as against ₹6,195 crore in Q1 FY25.

In the reporting quarter, Adani Power’s margin contracted to 40.3% from 41.4% YoY.

Its consolidated continuing EBITDA for Q1 FY26 was higher by 12.7% as compared to Q4 FY25 due to higher merchant tariffs and lower fuel costs as well as operating expenses.

Adani Power shares were trading 0.21% lower at ₹607 after stock split announcement.