The fresh capital infusion will enable SIHL to explore investment opportunities including contribution to AIF(s) and other general purposes.
As a part of transaction, the company will acquire 14,01,214 compulsorily convertible debentures (CCDs) at an issue price of Rs 214.10 each including premium of Rs 114.10 per CCD. The said transaction will be completed within 30 days from the approval. Post this investment, SIHL remains the wholly owned subsidiary of the company.
Info Edge (India) is India's premier online classifieds company in recruitment, matrimony, real estate, education and related services.
The company reported a 23.11% jump in standalone net profit to Rs 246.45 crore on 13.85% increase in revenue from operations to Rs 764.55 crore in Q3 FY26 over Q3 FY25.
The counter declined 1.72% to Rs 1,111.15 on the BSE.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."