Info Edge Stock Split: Naukri.com parent company to divide its equity shares; check out details

The committee of Info Edge, the genitor institution of employment website Naukri.com, matrimonial website Jeevansathi.com, existent property classifieds level 99Acres.com, and acquisition portal Shiksha.com, among others, has approved the sub-division of its equity stock connected February 5, according to a banal marketplace disclosure connected Thursday, January 30. This is taxable to shareholders' approval.

The committee volition also  see and o.k. the unaudited Standalone & Consolidated Financial Results for the Quarter and Nine months ended December 31, 2024.

"The Board of Directors is scheduled to beryllium held connected Wednesday, February 05, 2025, to, inter alia, see and o.k. the unaudited Standalone & Consolidated Financial Results for the Quarter and Nine months ended December 31, 2024, we hereby pass you that astatine the said Meeting, the Board of Directors volition besides see the connection for alteration successful the stock superior of the Company by mode of sub-division/ divided of the existing Equity Shares of the look worth Rs. 10/- each, afloat paid-up, successful specified mode arsenic whitethorn beryllium determined by the Board of Directors taxable to support of the shareholders of the Company and immoderate regulatory/statutory approvals, arsenic whitethorn beryllium required nether applicable law," the institution said successful a BSE filing.

The institution is yet to state the grounds day for the banal split.

Meanwhile, shares of Info Edge were trading 2.4 per cent higher astatine Rs 7,627.5 each connected BSE today, January 30 astatine 11.43 PM IST.