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.
Why Saurabh Mukherjea has moved half his personal portfolio out of India
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.