Adani Power Stock Split: 1:5 Ratio, Record Date, Impact

The Adani Power stock split divided each Rs 10 face value share into five shares of Rs 2 each. The company fixed 22 September 2025 as the record date. Therefore, every shareholder on that date received five shares for each share held, while the value of the holding stayed the same.

Many investors still wonder what the split changed and what it did not. This guide covers the ratio, dates, price effect and common questions. You can also read our guide to a dividend explainer for the general concept, and browse the Dividend Guide category.

Quick answer: Adani Power split its equity shares in a 1:5 ratio. One share of Rs 10 face value became five shares of Rs 2 each. The record date was 22 September 2025. The split raised the share count, lowered the price per share and left total market value unchanged.

Key Takeaways

• Ratio: 1:5, so one old share became five new shares.
• Face value changed from Rs 10 to Rs 2 per share.
• Record date: 22 September 2025, according to the company announcement coverage.
• Your total investment value did not change on the split.
• A split improves liquidity and affordability, not the company’s fundamentals.

Adani Power Stock Split: Key Facts

Detail	Information
Ratio	1:5 (one share into five shares)
Face value before	Rs 10 per share
Face value after	Rs 2 per share
Board approval	1 August 2025
Shareholder approval	Reported in early September 2025
Record date	22 September 2025
Type of action	Sub-division of equity shares
Effect on market capitalisation	None; the price per share adjusts instead

Different websites report slightly different share counts after the split. Therefore, rely on the company’s filings on the NSE and BSE for exact numbers.

Timeline of the Split

Step	What happened
Board meeting	The board approved the sub-division on 1 August 2025
Shareholder vote	Shareholders approved it in early September 2025
Record date	22 September 2025 fixed the list of eligible holders
Trading	The share began trading at the adjusted face value after the ex-date
Demat credit	New shares reached eligible demat accounts automatically

Every sub-division follows this path. First the board proposes it. Then shareholders approve it, and finally the exchanges apply the changes. Therefore, you can follow any future split with the same checklist.

What Happens in a 1:5 Stock Split?

A stock split cuts each share into smaller pieces. The company does not raise money, and it does not change its profit. Consequently, each share is worth one fifth of its earlier price, but you own five times as many.

Item	Before split	After split
Shares you hold	100	500
Face value per share	Rs 10	Rs 2
Illustrative price per share	Rs 500	Rs 100
Value of your holding	Rs 50,000	Rs 50,000

The table uses simple numbers so the maths is easy to follow. In practice, the market price moves every day, so the post-split price will differ from the neat figure above.

Why Companies Split Their Shares

• Affordability: A lower price lets small investors buy more easily.
• Liquidity: More shares usually mean more trading volume.
• Wider ownership: Retail participation often rises after a split.
• Signal: Boards often split when they feel confident about the business.

However, a split does not make a company more valuable. As a result, investors should judge Adani Power on earnings, debt and growth, not on the split itself. Our shareholding pattern guide helps you check how the ownership mix looks.

Record Date and Ex-Date for a Stock Split

The record date is the day the company checks its register to see who gets the new shares. You needed to hold the shares before the ex-date to qualify. The exchanges adjust the price on the ex-date, so the chart shows a drop that is not a real loss.

Under T+1 settlement, the ex-date and record date can coincide or differ by a day. Always read the exchange circular. Moreover, new shares usually appear in your demat account within a few days of the record date, but timing can vary.

How the Split Affects Different Investors

Investor type	Effect	What to do
Long-term holder	Share count rises; value unchanged	Update your records and cost per share
Trader	Price chart shows an adjusted gap	Use adjusted price charts
F&O trader	Exchanges adjust contract terms	Check the exchange circular for lot changes
New buyer	Lower entry price per share	Compare valuation, not just price

Your total cost does not change. Your average buy price per share falls to one fifth. Therefore, update your portfolio tracker so profit and loss figures stay accurate.

How to Check the Split in Your Own Account

1. Open your demat holding statement and look for the new share count.
2. Divide your old quantity by one, then multiply by five to confirm the new quantity.
3. Check that the average buy price now shows one fifth of the earlier figure.
4. Download the corporate action statement from your broker if numbers look off.
5. Contact your broker or the registrar if the credit has not arrived after the record date.

Most investors find everything correct within days. However, small differences can appear in tracking apps that fail to adjust old data. In that case, correct the entries manually.

Does a Stock Split Create Tax?

A split by itself is not a taxable event in India, because you receive no cash and no gain. The holding period carries over, and the cost of acquisition is spread across the new shares. Nevertheless, check current rules on the Income Tax Department website or ask a tax professional.

Stock Split vs Bonus Shares

Feature	Stock split	Bonus shares
What changes	Face value falls	Reserves convert to new shares
Face value	Reduced	Unchanged
Share count	Rises	Rises
Impact on reserves	None	Reserves reduce
Impact on value	None	None (price adjusts)

Both actions increase the share count without changing total value. However, a split alters face value while a bonus issue does not. Our guide to the dividends declared this week explains how a company announces its payouts.

Effect on Per-Share Ratios

Ratio	Before split	After a 1:5 split
Earnings per share	Rs 10	Rs 2
Book value per share	Rs 100	Rs 20
Dividend per share	Rs 5	Rs 1
PE ratio (price ÷ EPS)	25	25

Per-share data shrinks to one fifth, while ratios built from price and per-share data stay unchanged. Consequently, always use adjusted historical data when you compare years. Data vendors usually apply this adjustment automatically, but spreadsheets built by hand need manual updates.

Expert Insights: Reading Corporate Actions Calmly

A split makes a stock look cheaper, but the valuation is the same. Therefore, compare ratios such as the PE ratio, not the nominal price. If you need a refresher, read our PE ratio meaning guide. In addition, check the company’s debt and cash flow, because those drive long-term returns.

Common Mistakes After a Stock Split

• Treating the lower price as a sign of a bargain.
• Forgetting to adjust the average buy price.
• Reading the ex-date price drop as a market crash.
• Assuming a split guarantees a price rise.
• Trusting unverified dates from social media posts.

Frequently Asked Questions

What was the Adani Power stock split ratio?

The ratio was 1:5. Each equity share of Rs 10 face value was divided into five equity shares of Rs 2 face value.

What was the Adani Power stock split record date?

The company fixed 22 September 2025 as the record date to identify shareholders eligible for the sub-division.

Did the split change my investment value?

No. The number of shares rose five times while the price per share fell to one fifth, so your total value stayed the same at the time of the split.

Is a stock split good for investors?

A split improves liquidity and affordability, but it does not change the company’s earnings. Judge the stock on its fundamentals.

Do I need to do anything to receive the new shares?

No. If you held shares on the record date, the new shares were credited automatically to your demat account.

Is a stock split taxable in India?

A split does not create a taxable gain by itself. Your cost of acquisition is spread over the new shares. Check current rules for your case.

How is a stock split different from a bonus issue?

A split reduces face value and increases shares. A bonus issue converts reserves into additional shares without changing face value.

What the Adani Power Stock Split Means Going Forward

The Adani Power stock split changed the share count and the price per share, not the company’s value. Update your records, use adjusted charts and focus on earnings and debt. Next, explore more corporate action guides on Investor Weekly News. This article is educational and does not recommend buying or selling any security.