Info Edge (India), parent company of Naukri.com, announced a stock split in the ratio of 1:5 to enhance liquidity and broaden investor access. The company has fixed May 7 as the record date to determine shareholders’ eligibility for the sub-division of equity shares. This marks the first stock split for Info Edge, with shares closing higher on the BSE.
No obstacle will remain in NSE IPO: Sebi Chairman Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey announced that the NSE IPO faces no remaining obstacles, though he refrained from providing a specific timeline. He clarified that