Info Edge (India) Limited has informed the Exchange about Intimation of fixation of Record Date as May 07, 2025 for Sub-division/ Split of the Equity Shares of the Company
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Info Edge (India) Limited has fixed May 7, 2025 as the record date for its 1:5 stock split. Each equity share with a face value of ₹10 will be subdivided into 5 equity shares with a face value of ₹2 each, fully paid-up, ranking pari-passu. The split was approved by members through a postal ballot on April 11, 2025, and the Board formally set the record date at its meeting on April 14, 2025. Shareholders holding shares as of May 7, 2025 will be entitled to the split. The sub-division aims to make shares more affordable and improve liquidity.
The stock split should improve liquidity and make shares more accessible to retail investors, though it does not change the company's underlying value. Share price will adjust proportionally on the effective date.