NAUKRINSEInfo Edge (India) Limited· Computers - SoftwareMinimalNeutral
Announced Fri, 22 May · 13:27 IST

Info Edge (India) Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

NAUKRI · price

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+1.7%1-day move
₹921.50
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AI summary

Info Edge has filed a NIL deviation statement confirming that funds raised via Qualified Institutional Placement (QIP) in August 2020 (Rs. 18,750 million) have been utilized as originally planned. The company raised net proceeds of Rs. 18,290.32 million (after Rs. 459.68 million in expenses) and utilized Rs. 8,216.43 million. The Audit Committee reviewed and the Board noted this NIL deviation report on May 22, 2026. This is a routine quarterly compliance filing under SEBI LODR regulations.

Likely market impact

No impact on shareholders. The NIL deviation statement confirms proper fund utilization with no changes to the stated objects or purposes. This reflects standard corporate governance compliance for the 2020 QIP proceeds.