Info Edge (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
Info Edge (India) Limited has submitted five separate declarations to NSE and BSE under SEBI's Regulation 31(4) on behalf of its promoters and promoter group members. The declarations have been filed by Endeavour Holding Trust, Hitesh Oberoi, Sanjeev Bikhchandani, Surabhi M. Bikhchandani, and Dayawanti Bikhchandani. Each declaration confirms that the promoter/promoter group entities, along with Persons Acting in Concert (PAC), have not created any encumbrance (pledge, lien, or charge) on their shares, directly or indirectly, during the financial year 2024-25. The declarations are dated April 1, 2025, and were signed from Noida and Delhi.
This is a routine annual compliance filing and is marginally positive for shareholders, as it confirms that promoters have not pledged any of their Info Edge shares during FY2024-25, meaning no risk of forced selling due to margin calls. No material impact on the stock price is expected.