Info Edge (India) Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 07-May-2025.
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Info Edge (India) Limited has announced 07-May-2025 as the record date for a stock split or subdivision of its equity shares. Shareholders whose names appear in the company's records on this date will be eligible to receive the split shares. The specific split ratio and other details are not mentioned in this filing. Stock splits increase the number of outstanding shares while reducing the per-share price proportionally, with no change to total market value or ownership percentage.
Stock splits are generally viewed positively by retail investors as they improve share affordability and trading liquidity. The stock price will adjust downward on the ex-date, but overall shareholder value remains unchanged.