Info Edge appoints two new Independent Directors

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹998.50

prior close

₹1011.85

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.3%-3.0% vs market

Internet & Catalogue Retail peers, median of 6sector+1.0%-2.6% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Midcap 150 and 2.6 pts less than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-0.9

15m

-1.0

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+1.3-3.0+1.0-2.6

Next day

-3.1-0.0-3.1-0.7-2.4

-3.4-0.9-2.5-1.1-2.3

-2.5+1.5-4.0-0.5-2.0

-1.2+3.0-4.2-0.3-0.9

-0.1+3.4-3.5+1.9-2.0

+0.9+4.4-3.5+3.1-2.2

15d

-0.3+4.1-4.4-2.5+2.1

+20.1+4.2+15.9-3.9+24.0

+28.4+7.0+21.3-3.8+32.2

+26.9+4.9+22.0-16.5+43.4

UpDownMarket · Nifty Midcap 150Sector · Internet & Catalogue Retail peers, median of 6Pending

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

AI summary

Board of Info Edge on June 8, 2026 approved the appointment of Ms. Radha Rajappa and Mr. Rajesh Magow as Non-Executive Independent Directors for a 5-year term effective June 9, 2026, subject to shareholder approval at the next AGM. Both are unrelated to existing directors. Rajappa has 30+ years in tech leadership (ex-IBM, Microsoft, Mindtree) and sits on boards of Zensar, Bata and Kfintech. Magow is Co-Founder and Group CEO of MakeMyTrip, a Chartered Accountant, and former Flipkart board member.

Likely market impact

Strengthens board with deep technology and consumer internet expertise; neutral to mildly positive for governance and strategic oversight.