Info Edge (India) Limited has informed the Exchange regarding Resignation of Mr Chintan Thakkar as Chief Financial Officer of the company w.e.f. November 19, 2025.
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Info Edge has announced the resignation of Mr. Chintan Thakkar, its Whole-time Director and CFO, who served the company for nearly 12 years. He is stepping down to join IAN Group as Group CEO and IAN Alpha Fund as Senior Managing Partner. He will be relieved by November 19, 2025, after a 3-month transition period. The Board has approved Mr. Ambarish Raghuvanshi, a co-promoter and the company's former CFO (2001–2014), as Interim CFO from November 20, 2025, while a permanent successor is being searched. Under Thakkar's tenure, Info Edge's market capitalisation grew 18x, moved from small-cap to large-cap, and it became one of India's top 100 listed companies by market cap. He led the 2006 IPO, multiple QIPs, M&A, AIFs, and investments in 100+ startups including Zomato and Policybazaar.
The exit of a long-tenured, well-regarded CFO after 12 years is a notable leadership change, but the appointment of a familiar co-promoter and former CFO as interim replacement provides continuity and may cushion any short-term market reaction. Investors should watch for updates on the permanent CFO search.