Info Edge board fixes record date for 1:5 stock split. Check details here

Stock Split: Info Edge board in an exchange filing on Monday, April 14, announced that its board of directors at their meeting held today has fixed the record date for its 1:5 stock split as May 7, 2025.

The said record date will help determine the shareholders eligible for the purpose of sub-division or split of equity shares of Info Edge, such that one equity share having a face value of ₹10 each, fully paid-up, be sub-divided/split into five equity shares having face value of ₹2 each, fully paid up, ranking pari-passu in all respects.

Info Edge Stock Split

Info Edge in an exchange filing on February 5 had said, “… We wish to inform you that the Board of Directors of the Company at their meeting held today i.e., on Wednesday, February 5, 2025, have inter alia considered and approved sub-division/split of the existing 1 (one) equity share of the Company having face value of ₹10/- (Rupees Ten only) each fully paid- up, into 5 (five) equity shares having face value of ₹2/- (Rupees Two only) each, fully paid- up, by alteration of Capital Clause of the Memorandum of Association of the Company, subject to approval of the shareholders by way of Postal Ballot and any regulatory/ statutory approvals, as may be required under applicable laws,”

At the time, the company had not announced the stock split record date, saying that it would be decided after taking the aforesaid approval of the shareholders of the company.

This is the first-ever stock split by Info Edge since its listing on the bourses in November 2006.

Info Edge Q4 Update

In a latest business update, filed with the exchanges on April 8, Info Edge announced a 19% year-on-year growth in standalone billings to ₹983.8 crore for the quarter ended March 31, 2025, from ₹826.9 crore in the same period last year.

On a full financial year basis, too, the figure grew to ₹2881.7 crore for FY25 from ₹2495.9 crore in FY254.

Info Edge Share Price Trend

Info Edge share price has risen 8% in the last one year, as against a mere 0.16% rise seen in the BSE benchmark index Sensex. Meanwhile, over the last five years, the stock has rallied 192%.

Last week, the stock settled at ₹6544.75, up 2.13%.

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