ALFA Filings
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Info Edge will invest ₹30 Crore in its subsidiary SIHL by subscribing to convertible debentures. The capital supports SIHL's investment opportunities in tech companies.
Info Edge (India) Limited has agreed to invest approximately ₹5 Crore in its wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL). The investment involves subscribing to 2,33,535 Compulsorily Convertible Debentures (CCDs) to support SIHL's exploration of investment opportunities in tech companies and AIFs.
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.
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.