Info Edge (India) Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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Info Edge (India) has filed a NIL deviation statement under SEBI Regulation 32(1) confirming no deviation or variation in the use of funds raised through its Qualified Institutional Placement (QIP) conducted in August 2020. The company had raised Rs. 18,750 Mn via the QIP, with the original allocation pegged at Rs. 18,290.32 Mn for augmenting long-term cash resources, business activities, and general corporate purposes. During the quarter ended December 31, 2025, Rs. 8,114.33 Mn was utilized in line with the stated objects, and pending funds continue to be parked in money market instruments, mutual funds, and bank/corporate deposits. Both the Audit Committee and the Board reviewed and noted the statement at their meeting on February 13, 2026, confirming full compliance.
This is a routine regulatory compliance filing and carries no negative implications for shareholders. It reassures investors that the QIP proceeds from 2020 continue to be deployed in line with originally disclosed purposes, with no misuse or unauthorized diversion.