Just Dial has received an approval for acquisition of Just Dial Inc. from Just Dial Global. The board of directors at its meeting held on August 19, 2014 has approved for the same. The above is however subject to necessary approvals and authorizations as required under applicable law. The board has also decided to explore business opportunities in global markets.
Besides, the board has also decided to seek approval of shareholders for increasing the limit on aggregate shareholding of Foreign Institutional Investors/Foreign Portfolio Investors in the company from existing 49% to 75% of the paid-up equity share capital of the company.
Just Dial is one of the leading local search engines in India. It provides users search services with information and user reviews from its database of local businesses, products and services across India.
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|---|---|
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| Indegene | 486.80 |
| CMS Info Systems | 318.00 |
| JITF Infralogistics | 338.00 |
| Sagility | 42.95 |
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