In a significant development aimed at enhancing market participation and improving the affordability of its shares, Info Edge (India) Limited has announced a 1:5 stock split. The decision was approved by the company’s Board of Directors during a meeting held on February 5, 2025. As per the proposal, each equity share with a face value of ₹10 will be subdivided into five shares with a face value of ₹2 each. The stock split, subject to shareholder and regulatory approvals, is expected to increase liquidity and attract more retail investors by lowering the cost per share.
The authorized share capital of the company will see a structural change post the stock split. Currently, Info Edge’s authorized share capital stands at 15 crore equity shares of ₹10 each. After the split, it will be adjusted to 75 crore equity shares of ₹2 each. Similarly, the company’s issued, subscribed, and paid-up capital, which is currently 12.95 crore equity shares of ₹10 each, will be transformed into 64.79 crore equity shares of ₹2 each.
The primary objective of the stock split is to improve liquidity in the market and encourage higher trading volumes by making the shares more accessible to retail investors. With the current share price considered relatively high for many individual investors, the subdivision will lower the cost per share, thereby broadening the company’s investor base.
The split is expected to make trading in Info Edge shares more active, reduce the entry barrier for small investors, and increase the stock’s visibility. The management is optimistic that the increased participation will positively impact price discovery and the overall market dynamics for its shares.
The implementation of the stock split is contingent on obtaining shareholder approval through a general meeting, followed by necessary approvals from regulatory bodies. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, Info Edge (India) Limited has made an official disclosure regarding the stock split to the stock exchanges.
