NAUKRIBSEInfo Edge (India) Ltd· RetailingHighNeutral
Announced Tue, 19 May, 2026 · 15:09 IST

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Appeal filed before Hon'ble National Company ....

Court Stay ObtainedRegulatory & Legal View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
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₹926.50
prior close
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announcement price
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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%+0.2% vs market
Internet & Catalogue Retail peers, median of 6sector+0.8%+0.3% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.3 pts more than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Info Edge (India) Ltd has filed an appeal before the Hon'ble National Company Law Appellate Tribunal (NCLAT) challenging an order passed by the NCLT on April 7, 2026. The NCLT order had directed the company to convene meetings of equity shareholders, secured creditors, and unsecured creditors for a Scheme of Amalgamation. The companies involved in the scheme include Allcheckdeals India Private Limited, Axilly Labs Private Limited, Diphda Internet Services Limited, and Zwayam Digital Private Limited (as transferor companies), with Info Edge as the transferee company. The company is seeking dispensation from the requirement to hold these meetings and praying for appropriate directions to be issued to the NCLT.

Likely market impact

This is a procedural legal challenge in a corporate amalgamation matter. The outcome of the NCLAT appeal could affect the timeline and process for completing the scheme of amalgamation. Shareholders should monitor for further updates on the NCLAT's decision.