Info Edge (India) Limited has informed the Exchange regarding a press release dated August 19, 2025, titled "Info Edge (India) Ltd.: Executive Leadership Update Resignation of Executive Director & CFO and Appointment of Interim CFO".

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

NAUKRI · price

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On the reaction day the stock moved 1.1 pts more than Nifty Midcap 150 and 0.6 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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AI summary

Info Edge (India) Ltd., the parent of Naukri.com, announced that its Whole-time Director and CFO, Mr. Chintan Thakkar, has resigned to pursue a new career opportunity. He will serve a 3-month notice period, with his last day on or before November 19, 2025, after nearly 12 years with the company. Mr. Thakkar helped grow the company's market capitalisation by 18x during his tenure and led multiple capital market transactions. He is moving to IAN Group as Group CEO and Senior Managing Partner at IAN Alpha Fund. The Board has appointed Mr. Ambarish Raghuvanshi, a co-promoter and former CFO (2001–2014), as Interim CFO effective November 20, 2025, while the company searches for a permanent successor.

Likely market impact

This is a leadership transition at a senior level, but the company has arranged a 3-month handover and brought back a familiar former CFO as interim replacement, reducing execution risk. Shareholders should watch for updates on the permanent CFO appointment, as the transition period could create some uncertainty around financial leadership continuity.