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Info Edge (India) LimitedBoard Meeting, 07-03-2025: Outcome of Board Meeting

07-03-2025 | 07:42 pm

The Board of Directors has approved a new set of the Memorandum of Association (MOA) to align it with the Companies Act, 2013. Key changes include updates to the object clause and liability clause, with no alterations to the main business objects. Amendments also introduce new capabilities such as engaging in artificial intelligence and other emerging technologies. The revised authorized share capital is set at ₹150 Crore, divided into 75 Crore equity shares of ₹2 each. Approval from shareholders through postal ballot is pending.

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