Info Edge has announced that its Board of Directors will meet on February 5, 2025, to consider the proposal for a stock split, along with the approval of unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The proposal involves a sub-division of existing equity shares of face value Rs 10 each, subject to the approval of shareholders and regulatory authorities.
The company also highlighted that its trading window for designated persons and their immediate relatives has been closed since January 1, 2025, and will reopen 48 hours after the financial results are declared. The stock split is expected to enhance liquidity and make the shares more affordable for investors.
As of 11:35 am the shares were trading 2.22% higher at ₹7,610.45 on NSE.
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