Split14 Apr 2025, 02:58 pm
Info Edge (India) Ltd. Announces 1:5 Equity Share Split
AI Summary
Info Edge (India) Ltd. has fixed the Record Date as May 07, 2025, for the sub-division/split of the Equity Shares of the Company. The existing Equity Shares with a face value of Rs. 10/- each will be sub-divided into 5 Equity Shares with a face value of Rs. 2/- each. The decision was made following the approval granted by the Members through Postal Ballot on April 11, 2025. The Board Meeting, which started at 9:00 a.m. and ended at 9:10 a.m. today, also approved this decision.
Key Highlights
- Info Edge (India) Ltd. has decided to split its Equity Shares in the ratio of 1:5.
- The existing Equity Shares with a face value of Rs. 10/- each will be sub-divided into 5 Equity Shares with a face value of Rs. 2/- each.
- The Record Date for determining entitlement of Equity Shareholders has been fixed as May 07, 2025.
- The decision was made following the approval granted by the Members through Postal Ballot on April 11, 2025.
- The Board Meeting, which started at 9:00 a.m. and ended at 9:10 a.m. today, also approved this decision.