Info Edge (India) Ltd

Info Edge (India) Debt & Borrowing: ₹10 Cr

Info Edge (India) Limited has agreed to invest ₹10.00 Crore in its wholly-owned subsidiary, Smartweb Internet Services Limited, by subscribing to 10,00,000 Compulsorily Convertible Debentures (CCDs). The investment aims to meet Smartweb's funding requirements and strengthen its financial position. The transaction is expected to be completed within 30 days.

Value

₹10.00 Cr

Execution

Within 30 days

Info Edge (India) Debt & Borrowing: ₹10 Cr

Info Edge (India) Limited has agreed to invest ₹10 Crore in its wholly-owned subsidiary, Smartweb Internet Services Limited, via subscription to Compulsorily Convertible Debentures. The investment will meet Smartweb's fund requirements and strengthen its financial position. The transaction is expected to conclude within 30 days and is conducted at arm's length.

Value

₹10.00 Cr

Execution

Within 30 days from the approval

Info Edge (India) Management Change

Info Edge (India) Limited announced an internal reorganisation of its Education (Shiksha) and Real Estate (99acres) verticals effective May 1, 2026. Mr. Ambrish Kumar Singh will lead Sales for 99acres, while Mr. Bhisham Dhingra will head Sales and Strategy for Shiksha. These strategic role changes aim to enhance operational effectiveness and drive long-term business growth.

Info Edge (India) Legal & Regulatory

Info Edge (India) Ltd announced that the NCLT, New Delhi, has passed the First Motion Order for the amalgamation of four wholly-owned subsidiaries into the company. The tribunal dispensed with meetings for the transferor companies' stakeholders while directing meetings for the transferee company's shareholders and creditors to proceed with the merger.

Info Edge (India) Business Update

Info Edge (India) Limited reported standalone FY26 billings of ₹3,177.5 Crore, a 10.3% YoY growth. Recruitment solutions grew 10%, while Jeevansathi witnessed a strong 28.5% growth. Despite macroeconomic headwinds in Gulf markets and AI-driven search pressure on Shiksha, the company maintained market leadership in 99acres traffic time-share.

Value

₹3,178 Cr

Info Edge (India) Other Announcement

Info Edge (India) Ltd submitted its quarterly compliance certificate under Regulation 74(5) for the period ended March 31, 2026. The certificate, issued by Registrar MUFG Intime India, confirms the processing of dematerialisation requests and substitution of depository names in the register of members within prescribed timelines.

Info Edge (India) Legal & Regulatory

Info Edge (India) Limited has filed an appeal against an Income Tax Department assessment order and a demand notice of ₹3.65 Crore for AY 2024-25. The dispute primarily concerns disallowed ESOP expenses. While the company expects no material financial impact, aggregated adverse outcomes across multiple years could exceed regulatory materiality thresholds.

Value

₹3.65 Cr

Info Edge (India) Q3 FY26 Results: Net Profit ₹317 Cr, Up 10.1% YoY

Info Edge (India) Ltd reported net profit of ₹317 Cr (+10.1% YoY) for Q3 FY26.

Key figure

Net profit ₹317 Cr · +10.1% YoY