Info Edge Announces Upcoming Stock Split: What Investors Need to Know
In a significant move for its shareholders, Info Edge has revealed its plan to execute a 1:5 stock split. The company’s board of directors made this announcement on April 14, 2025, stating that the record date for the split will be May 7, 2025. This decision could have considerable implications for investors, as it allows existing shareholders to hold more shares at a lower face value, potentially increasing liquidity in the market.
Understanding the Stock Split
The stock split will convert each ₹10 equity share into five shares valued at ₹2 each. This adjustment not only enhances the accessibility of shares for retail investors but also maintains the overall value of the company. The new shares will rank equally in all respects with the original shares, ensuring that shareholders retain their proportional ownership in Info Edge.
- Record Date: May 7, 2025
- Split Ratio: 1:5
- New Face Value: ₹2 per share
Previous Announcements and Approvals
Earlier, on February 5, 2025, Info Edge had signaled its intentions regarding the stock split during a board meeting. The board approved the split, contingent upon receiving regulatory approvals and consent from shareholders via a postal ballot. This pre-split dialogue indicates the company’s commitment to transparency and shareholder engagement.
Info Edge Business Performance
In its latest business update released on April 8, 2025, Info Edge reported a 19% year-on-year increase in standalone billings, reaching ₹983.8 crore for the quarter ending March 31, 2025. This growth is a positive indicator of the company’s robust financial health, as it also achieved a full-year billing figure of ₹2881.7 crore for FY25, up from ₹2495.9 crore in the previous fiscal year.
Stock Performance Insights
Info Edge’s shares have experienced an 8% increase over the past year, significantly outperforming the BSE Sensex, which saw only a 0.16% rise during the same period. Over the last five years, the stock has surged by an impressive 192%, showcasing its strong market presence. As of last week, the share price stood at ₹6544.75, reflecting a 2.13% uptick.
Conclusion
The upcoming stock split by Info Edge marks a pivotal moment in the company’s journey since its listing in November 2006. This strategic move is expected to enhance stock liquidity and attract more retail investors. As the company continues to grow, stakeholders will be keenly watching how this decision impacts the share price and overall market sentiment.
For those interested in investing or keeping up with Info Edge, this stock split could be an excellent opportunity to deepen your portfolio.