Business Standard

Info Edge (India) announces increase in FII investment limit to 50%

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Capital Market

From 40%

Info Edge (India) announced that pursuant to the approval of the Board of Directors in their meeting held on 18 July 2014 and subsequent approval of the Shareholders by way of a Special Resolution in their Extra-ordinary General Meeting held on 19 August 2014, the limit for FII investment under the Portfolio Investment Scheme in the equity share capital of the Company stand increased from present 40% to 50% of the total paid-up capital of the Company.

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First Published: Aug 27 2014 | 12:58 PM IST

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