GENERAL15 Sept 2026
1:5 Stock split alert: Oriana Power set for major share division announcement; check record date, other details | Stock Market News
Oriana Power's board has approved splitting each ₹10 share into five shares of ₹2 face value. The record date is Friday, 18 September 2026. The stock closed 3.54% higher at ₹1,270.75 on 15 September. A split cuts the face value and market price per share, but your total holding value stays the same. Check your demat account after the record date.
Key Statutory Highlights
- Oriana Power's board approved a 1:5 stock split, turning one equity share of ₹10 face value into five shares of ₹2 each.
- The record date to decide which shareholders qualify for the split is Friday, 18 September 2026.
- The stock closed 3.54% higher at ₹1,270.75 on 15 September, with a market capitalisation of ₹2,582.06 crore.
Actionable Advice for Taxpayers / Founders:If you already hold Oriana Power shares, check your demat account after the record date to confirm the new shares are credited. Speak to your advisor before buying or selling around the record date, since the share price adjusts after a split.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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