Adani Power shares rose 3.5% on July 29 as investor sentiment turned positive ahead of a key board meeting scheduled for August 1. The company announced that its board will consider a proposal for a stock split, sparking renewed interest among market participants.
At 1:08 pm on July 29, Adani Power shares were trading at ₹590.35 apiece, reflecting a 3.5% intraday gain.
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In a stock exchange filing, Adani Power confirmed that its Board of Directors will meet on Friday, August 1, 2025, to discuss a potential alteration in share capital through a stock split or sub-division of equity shares.
“The board will consider a proposal for sub-division/split of existing equity shares of face value ₹10 each, fully paid-up, in a manner determined by the board,” the company said.
This move, if approved, will be subject to shareholder consent and required regulatory approvals.
Alongside the stock split proposal, Adani Power will also declare its Q1FY26 financial results during the board meeting on August 1.
Investors are closely watching the upcoming results, which could further influence the stock’s momentum, especially in light of the recent uptick in the company’s share price.
While the exact ratio of the stock split is yet to be announced, such a move typically aims to increase liquidity and make shares more affordable for retail investors.
A stock split does not change the company’s overall valuation, but can boost participation and trading volume in the stock.
The news of the possible stock split has already boosted investor confidence, with shares reacting positively in early trade on July 29. Market watchers will now wait for the board’s decision on Friday and the company’s performance in the June quarter.
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