6 days ago
Oriana Power Announces 1:5 Stock Split Ahead of Record Date
Oriana Power plans to divide each share into five smaller shares.
This is called a 1:5 stock split, or a five-for-one split.
The current shares have a face value of ₹10 each.
After the split, each new share would have a face value of ₹2.
The company’s board has approved the plan, but shareholders also need to approve it.
The record date is Friday, September 18, 2026.
Investors need to own the stock by that date to be eligible.
The company’s shares ended higher on September 15 before the record date.
Oriana Power shares ended higher on Tuesday, September 15, before the stock split record date.
The company’s board approved a five-for-one subdivision of its equity shares, subject to shareholder approval.
Each existing ₹10 fully paid-up share is proposed to become five ₹2 shares.
The record date is Friday, September 18, 2026.
Shareholders must hold the stock by the record date to qualify for the split.
- Who
- Oriana Power and its shareholders.
- What
- The company plans to split each ₹10 equity share into five ₹2 equity shares.
- Where
- When
- The shares ended higher on Tuesday, September 15; the record date is Friday, September 18, 2026.
- Why
- To determine which shareholders are eligible for the proposed stock split.
Key facts
- Company
- Oriana Power
- Split ratio
- 1:5, meaning one share would become five shares
- Existing face value
- ₹10 per fully paid-up equity share
- Proposed face value
- ₹2 per fully paid-up equity share
- Record date
- Friday, September 18, 2026
- Approval status
- Board-approved, subject to shareholder approval
Quotes
Oriana Power’s Board of Directors
The company’s board, communicating the record date and terms of the stock split.
“The Board of Directors of the Company has today fixed Friday, 18th September 2026 as the “Record Date” for the purpose of determining the eligibility of shareholders of the Company for Sub-division / Split of the existing 1 (One) equity share of having face value of Rs. 10/- (Rupees Ten only) each fully paid-up into 5 (Five) equity shares having a face value of Rs. 2/- (Rupees Two only) each fully paid-up.”
livemint.com
Sources
Related news
Naturite Products Shares Rise Ahead of September Stock Split
Indian Companies Set Dividends, Splits Record Dates This Week
TD Power Systems Shares Fall 50% After Stock Split Adjustment
Kajaria Ceramics Announces ₹6 Dividend, September 21 Record Date
Indian Dividend Stocks Set Ex-Dividend Dates This Week
Maharashtra Scooters Declares ₹160 Interim Dividend, Sets Record Date
