NAUKRINSEInfo Edge (India) Limited· Computers - SoftwareHighNegative
Announced Fri, 8 Aug · 14:11 IST

Info Edge (India) Limited has informed the Exchange regarding Cessation of SMP of the company w.e.f. August 08, 2025.

Management Changes View source PDF

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AI summary

Info Edge (India) Limited has informed the stock exchanges that two Senior Management Personnel — Mr. Ankit Pareek (VP Engineering) and Ms. Shruti Maheshwari (SVP & Head Social Media Content Studio) — will cease to be classified as SMPs effective August 8, 2025. The change comes as the Board revised the SMP list following changes in the company's organizational structure. This is a routine internal restructuring and not a resignation from the company itself — their employment status is not specified as terminated. The board meeting that approved this change started at 10:30 a.m. and this item was approved at 2:00 p.m., with the meeting continuing for other agenda items.

Likely market impact

This is a low-impact, routine governance disclosure related to internal organizational restructuring. It does not indicate any senior leadership (CEO/CFO) departure, and is unlikely to materially affect the stock price or shareholder interests.