Info Edge (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
NAUKRI · price
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Awaiting price reaction for this filing.
Info Edge's Whole-time Director and Chief Financial Officer, Mr. Chintan Thakkar, has resigned after nearly 12 years to join IAN Group as Group CEO and Senior Managing Partner at IAN Alpha Fund. He will serve a 3-month notice period, with his last working day on or before November 19, 2025. During his tenure, the company's market capitalisation grew roughly 18x and he played a key role in the IPO, QIP fund raises, M&A, startup investments (including early bets on Zomato and Policybazaar), and corporate governance. To ensure continuity, the Board has appointed Mr. Ambarish Raghuvanshi — a co-promoter and former Info Edge CFO (2001–2014) — as Interim CFO effective November 20, 2025, while the company searches for a permanent successor.
Short-term stock reaction may be mildly negative as a long-tenured CFO departs, but the appointment of a familiar former CFO as interim replacement and the orderly 3-month transition should limit disruption. Investors will watch for the permanent CFO appointment, which could be a key sentiment trigger over the next few quarters.