The board of Just Dial on August 19 had approved the acquisition of Just Dial Inc. from Just Dial Global, subject to approvals.
The company has also decided to explore business opportunities in global markets.
In a communiqué to the BSE, the company said its board has decided to seek shareholders’ approval for increasing the aggregate shareholding limit of foreign institutional investors/foreign portfolio investors in the company from the existing 49 per cent to 75 per cent.