NAUKRINSEInfo Edge (India) Limited· Computers - SoftwareHighNeutral
Announced Tue, 19 Aug · 18:52 IST

Info Edge (India) Limited has informed the Exchange regarding Appointment of Mr Ambarish Raghuvanshi as Chief Financial Officer of the company w.e.f. November 20, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Info Edge's Whole-time Director and CFO, Mr. Chintan Thakkar, has resigned after nearly 12 years with the company to move into a venture investing role as Group CEO of IAN Group. During his tenure, the company's market capitalisation grew roughly 18 times and it executed multiple capital market transactions including QIPs, M&A, and startup investments (including early bets on Zomato and Policybazaar). Mr. Thakkar will be relieved on or before November 19, 2025. To ensure continuity, Mr. Ambarish Raghuvanshi, a co-promoter and former CFO of Info Edge (2001–2014) who also led its 2006 IPO, has been appointed as Interim CFO effective November 20, 2025. The company is actively searching for a permanent successor.

Likely market impact

The transition is well-managed with a familiar interim hand (former CFO and co-promoter) bridging the gap, reducing near-term execution risk. However, losing a long-tenured CFO with deep knowledge of capital markets and investor relations is a notable leadership change that investors should watch for any permanent successor announcement.