Stock jumps 4% after company announces record date for 1:5 stock splitStock jumps 4% after company announces record date for 1:5 stock split

Introduction:

Stock in focus after announcing a sub-division of equity shares, converting each ₹10 share into five ₹2 shares (1:5). The move aims to improve liquidity, affordability, and broaden retail participation. The record date for the split has been set for May 7, 2025.

Share Price movement of Info Edge (India):

On April 15, 2025, Info Edge (India) Limited opened at ₹6,776.50, reaching a high of ₹6,812.50, up 3.28% from the previous close of ₹6,545.30 and a low of ₹6,620.50. The stock is currently trading at ₹6,760.00, with a market cap of ₹87,598.87 Crores.

Info Edge (India) announced record date:

Info Edge (India) Limited has fixed May 7, 2025, as the Record Date for a stock split, following member approval via postal ballot. The split involves converting each ₹10 fully paid-up equity share into five ₹2 fully paid-up equity shares.

The Board of Directors approved the share sub-division on April 14, 2025, with the meeting beginning at 9:00 a.m. and concluding at 9:10 a.m. The decision ensures all new shares will rank pari-passu in all respects post-split.

This corporate action is aimed at increasing liquidity and affordability for shareholders. The intimation has been shared with stock exchanges and uploaded on the company’s website for shareholder reference under regulatory compliance requirements.

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Ace investor holding of Info Edge (India):

Anil Iall holds 31,33,487 shares of Info Edge (India) Ltd, valued at approximately ₹2,116.4 Crores. His holding represents 2.42% of the company as of December 2024, showcasing significant confidence in the long-term digital and tech-driven business model.

Ambarish Raghuvanshi holds 13,63,029 shares of Info Edge (India) Ltd, with a holding value of ₹920.6 Crores. As of December 2024, he owns 1.05% of the company, reflecting strategic investment in one of India’s leading online classifieds and tech platforms.

Stock performance of Info Edge (India) for Period of 1 week, 6 months and 1 year:

Info Edge (India) stock declined 1.47% over the past week and dropped 18.0% in the last six months. However, it managed to post a 12.3% gain over the one-year period, reflecting long-term resilience despite short-term fluctuations in performance.

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Shareholding pattern of Info Edge (India):

Summary	Dec-24	Sep-24	Jun-24
Promoter	37.60%	37.70%	37.90%
FII	32.60%	32.30%	32.10%
DII	19.30%	19.60%	19.40%
Public	10.40%	10.30%	10.50%

About Info Edge (India):

Info Edge (India) Limited (NSE: NAUKRI) is a leading Indian internet company known for operating platforms like Naukri.com, 99acres.com, Jeevansathi.com, and Shiksha.com. It focuses on recruitment, real estate, matrimony, and education services, driving growth through digital innovation and strategic investments.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.