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Info Edge(India) Ltd. Capital/Financing Update 2020
61935_rns_2020-08-08_fe6c25e3-0d86-4732-be2e-b1f8e42b0542.pdf
Capital/Financing Update
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Date: August 8, 2020
| The Manager-Listing Department | The General Manager | ||
|---|---|---|---|
| National Stock Exchange of India Limited | Department of Corporate Services | ||
| Exchange Plaza, C-1 Block G | BSE Limited | ||
| Bandra Kurla Complex, Bandra (E) | Phiroze Jeejeebhoy Towers | ||
| Mumbai –400051 (Scrip Code: NAUKRI) | Dalal Street | ||
| Mumbai -400001 | |||
| (Scrip Code: 532777) | |||
Sub.:Qualified institutions placement of equity shares of face value of ₹10 each (the "Equity Shares") by Info Edge (India) Limited (the "Company") under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations"), and Section 42 and other applicable provisions of the Companies Act, 2013 (including the rules made thereunder) (the "QIP")
Dear Madam/Sir,
This is further to our letters dated August 4, 2020 and August 7, 2020 wherein we had informed the Stock Exchanges about opening and closure of the QIP on August 4, 2020 and August 7, 2020 respectively.
We wish to inform you that in respect of the QIP, the Fund Raise Committee of the Company has, at its meeting held today, i.e., August 8, 2020 approved the issue and allotment of 60,67,961 Equity Shares to eligible qualified institutional buyers pursuant to the QIP at the issue price of ₹3,090 per Equity Share (including a share premium of ₹3,080 per Equity Share), aggregating to approximately ₹18,750 million.
Pursuant to the allotment of Equity Shares in the QIP, the paid-up equity share capital of the Company stands increased to ₹1,28,58,41,200 comprising of 12,85,84,120 Equity Shares. The shareholding pattern of the Company, before and after the QIP, will be submitted along with the listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations").
Further, find attached herewith the list of allottees who have been allotted more than 5% of the Equity Shares of the issue size marked as Annexure A.
The meeting of the Fund Raise Committee commenced at 12:30 pm and concluded at 1:00 pm.
We request you to take the above on the record, and the same be treated this as compliance with under Regulation 30 and other applicable regulations of the SEBI Listing Regulations.
Thanking you, By order of the Board For Info Edge (India) Limited
(MM Jain) Company Secretary (Authorised Signatory)
Annexure A
List of allottees who have been allotted more than 5 per cent of the equity shares offered in the qualified institutions placement:
| S.No. | Name of the Allottees | Category | Allocation Details | % of Total Issuesize | |
|---|---|---|---|---|---|
| No ofSharesAllotted | Issue Price(Rs.) | ||||
| 1 | SBI MUTUAL FUND (THROUGHMULTIPLE SCHEMES AS BELOW) | MF | 7,26,455 | 3,090 | 11.97% |
| 1a | SBI SMALL CAP FUND | MF | 2,49,191 | 3,090 | 4.11% |
| 1b | SBI LONG TERM EQUITY FUND | MF | 2,07,120 | 3,090 | 3.41% |
| 1c | SBI MAGNUM MIDCAP FUND | MF | 1,65,048 | 3,090 | 2.72% |
| 1d | SBI MAGNUM EQUITY ESG FUND | MF | 1,05,096 | 3,090 | 1.73% |
| 2 | ICICI PRUDENTIAL MUTUAL FUND(THROUGH MULTIPLE SCHEMESAS BELOW) | MF | 4,85,436 | 3,090 | 8.00% |
| 2a | ICICI PRUDENTIAL MULTICAP FUND | MF | 2,10,355 | 3,090 | 3.47% |
| 2b | ICICI PRUDENTIAL MIDCAP FUND | MF | 1,13,268 | 3,090 | 1.87% |
| 2c | ICICI PRUDENTIAL SMALLCAP FUND | MF | 1,13,268 | 3,090 | 1.87% |
| 2d | PRUDENTIAL ICICI TRUST LTD. -TECHNOLOGY FUND | MF | 48,545 | 3,090 | 0.80% |
| 3 | FIRST STATE INVESTMENTS ICVC -STEWART INVESTORS ASIA PACIFICLEADERS FUND | FPI | 3,49,375 | 3,090 | 5.76% |
