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Info Edge (India) LimitedOthers, 05-02-2025: Amendment to AOA/MOA

05-02-2025 | 12:09 pm

The Board of Directors has approved a 1:5 split of the company’s equity shares, reducing the face value from Rs. 10 to Rs. 2 per share. This decision aims to enhance liquidity and make shares more accessible to retail investors. The amended authorized share capital will be Rs. 150 crore, divided into 75 crore equity shares. The record date will be set after shareholder approval via postal ballot. The anticipated completion is within two months post-approval. This strategic move may bolster investor sentiment by improving stock affordability and liquidity, presenting a positive outlook for retail investors.

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