New Delhi, Sept. 15 -- Oriana Power share price ended higher on Tuesday, September 15, ahead of the upcoming record date for its stock split corporate action. The renewable energy company has announced a stock split in the ratio of 1:5. The corporate action's record date is set to fall this week.

The company's board of directors had approved a stock split in the ratio of 1:5. Which means that the company's board of directors had approved "sub-division/ stock-split of equity shares with a face value of Rs.2 (Rupees Two only) each fully paid-up, subject to approval of shareholders," as per the company's NSE filing released earlier.

The proposed stock split would mean that "one existing fully paid-up equity share of face value of Rs. 10 (R...