Info Edge (India) Limited — Others, 11-04-2025: Shareholders meeting

Info Edge (India) Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company conducted a postal ballot via remote e-voting, with shareholders approving three key resolutions: (1) sub-division of existing equity shares from a face value of ₹10 to ₹2, (2) amendments to the Articles of Association, and (3) adoption of a new Memorandum of Association compliant with the Companies Act, 2013. The turnout was significant, with over 83% of votes in favor. This strategic restructuring is expected to enhance liquidity and shareholder value, potentially fostering a more favorable sentiment among investors.