Info Edge (India) Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Info Edge (India) Limited has approved an investment of approximately Rs. 15 Crores in its wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL), through the Committee of Executive Directors on March 23, 2026. The investment will be made by acquiring 7,00,607 Compulsorily Convertible Debentures (CCDs) at Rs. 214.10 each. SIHL is a holding vehicle for tech company investments and AIF contributions, with nil turnover and negative networth of Rs. 209.50 crores as of March 31, 2025. The transaction is at arm's length and SIHL will remain a wholly-owned subsidiary post-investment. The infusion is intended to help SIHL explore new investment opportunities and contribute to AIFs.
This is a routine internal capital infusion into a wholly-owned subsidiary with no change in ownership or control. Negligible impact on shareholders or stock price, as it is essentially moving capital within the group to support future startup/AIF investments.