Archive · 15 Sep 2026
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.
- 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.
- 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