Info Edge (India) Limited — Important, 14-04-2025: General Updates
14-04-2025 · 09:34 am
The Board of Info Edge (India) Limited has fixed May 7, 2025, as the Record Date for the sub-division of equity shares. Shareholders will receive five fully paid-up equity shares of ₹2 each for every one share held, which currently has a face value of ₹10. This move, approved by shareholders through a Postal Ballot, aims to enhance liquidity and accessibility for retail investors, potentially broadening the shareholder base. The company's overall strategy appears focused on improving market presence and shareholder engagement, signaling a positive outlook in terms of share tradeability. Investors should monitor the implications of this split on stock performance and market sentiment.
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