Info Edge(India) Ltd. — Capital/Financing Update 2020

Nov 10, 2020

November 10, 2020

1. The Manager- Listing National Stock Exchange of India Limited

(Scrip Code: NAUKRI)

2. The Manager- Listing BSE Limited (Scrip Code: 532777)

Subject: Statement of Deviation or Variation in utilization of funds raised under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended September 30, 2020

Dear Sir/Madam,

Please find enclosed herewith the Statement of Deviation or Variation in utilization of funds raised through QIP by the Company under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the quarter ended September 30, 2020, reviewed by the Audit Committee and taken on record by the Board at their respective meetings held today i.e. Tuesday, November 10, 2020.

We request you to please take the above on record.

Thanking you

Yours truly

For Info Edge (India) Ltd ,

(MM Jain) SVP- Secretarial & Company Secretary

Encl.: A/a

Statement of Deviation / Variation in utilisation of funds raised

Name of listed entity	Info Edge(India)Limited	Info Edge(India)Limited	Info Edge(India)Limited	Info Edge(India)Limited	Info Edge(India)Limited	Info Edge(India)Limited
Mode of Fund Raising	QIP
Date of Raising Funds	September 12,2014
Amount Raised	Rs. 7,500 Mn
Report filed forquarter ended	September 30,2020
Monitoring Agency	NA
Monitoring Agency Name, if applicable	NA
Is there a Deviation/Variation in use of Funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, whichwas approved by the shareholders	NA
If Yes, Date of shareholder Approval	NA
Explanation for the Deviation/ Variation	NA
Comments of the Audit Committee after review	There is no deviation/variation
Comments of the auditors, if any	There is no deviation/variation
Objects for which funds have been raised and where there has been a deviation, in thefollowing table	The Net Proceeds of the Issue are proposed to be used for strengthening the financial position and net worth, capital expenditure, working capital and general corporatepurposes, including but not restricted to investment in our existing businesses, in particular 99acres.com, strategic initiatives, partnerships, joint ventures, investments,acquisitions and meeting exigencies and other general corporate purposes, which in the ordinary course of business may be faced by the Company or any other purposesapproved by the Board.
		(Amount in Rs. Mn)
Original Object	Modified Object, if any	Original**Allocation ***	Modifiedallocation, if any	Funds utilised	Amount of Deviation/Variationfor the quarter according toapplicable object	Remarks ifany
The Net Proceeds of the Issue are proposed to be used for strengthening the financialposition and net worth, capital expenditure, working capital and general corporatepurposes, including but not restricted to investment in our existing businesses, in particular99acres.com, strategic initiatives, partnerships, joint ventures, investments, acquisitionsand meeting exigencies and other general corporate purposes, which in the ordinarycourse of business may be faced by the Company or any other purposes approved by theBoard.	NA	7,344.35	No	4,183.58	No	_

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as agains t what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc

*** Net of Expenses incurred in relation to QIP amounting to ₹155.65 Mn**

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Name of Signatory: Chintan Thakkar Designation: Whole-time Director & CFO