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

Mar 20, 2020

Date: March 20, 2020

• 1. The Manager- Listing National Stock Exchange of India Limited (Scrip Code: NAUKRI)
• 2. The Manager- Listing BSE Limited (Scrip Code: 532777)

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

This is to inform you that the Company has entered into an agreement to invest, through its wholly-owned subsidiary about Rs.8 Cr. in International Educational Gateway Private Limited. The detai ls of the transaction are given as under:

SI.	Particulars	Details
No.
I.	Name of the target entity, details in brief such as	Univariety
	size, turnover etc.	("InternationalEducationalGatewayPrivate
		Limited")
		H. No. 8-2-624, Suite 30 I, Sri Durga Towers, Road No.
		I 0, Banjara Hills, Hyderabad - 500034
		Turnover (As on 31.03.2019): Rs.7.66 Cr
2.	Whether the acquisition would fa ll within related	Since Univariety is an Assoc iate company of the
	partytransaction( s)andwhetherthe	Company, it is a Related Party.
	promoter/promoter group/group compan ies have
	any interest in the entity being acquired? If yes,nature of interest and details thereof and whether	Promoters of the Company have no interest in the said
	the same is done at "arm's length"	investment.
		T he transaction is done at Arm 's Length basis.
3.	Industry towhichthe entitybeing acquired	Univariety is a technology driven career guidance &
	belongs	alumni management platform for schools. It provides
		counseling products and services to students, schools,
		colleges and educators. These enable students and
		parents takebetter informed decisions on hi gher
		education and relatedproducts and services. The
		products and services are provided through physical
		connects,anon lineportalnamedas
		www.uni va riety.com and through third party portals of
		partner entities.
4.	Objects and effects of acquisition (including but	part of company's strategicinvestments, theAs
	ofnotlimitedto,disclosurereasonsfor	investment would help the Company to consolidate its
	acquisition of target entity, if its business is	presence into the aforesaid I ine of business.
	· ess of the listedoutside the main line oferXL~aukri~com®
	,.Quadrangle	JeeVi nsathfcom99acres.corJ

Corporate Office : B-8, Sector - 132, Noida - 201304, Tel.: 01 20 - 3082000, Fax : 01 20-308 EMAIL : webmaster@naukri.com URL: http://www.infoedge. in CIN No.: L 74899DL1995PLC Regd. Office: Ground Floor, 12A, 94, Meghdoot, Nehru Place, New Delhi-110019

5.	Brief details of any governmental or regulatory	Not App licable.
	approvals required for the acquisition.
6.	ofIndicativetimeperiodforcompletionacquisition	Immediate
7.	ofwhethercashNatureConsideration-	Cash Consideration
	consideration or share swap and detai ls of the
	same.
8.	Cost of acquisition or the price at which the shares	About Rs.8 Cr.
	are acquired.
9.	Percentage of shareholding/control acquired and/	The Company has agreed to acquire 3,986 Series A I
	or number of shares acquired.	Compu lsory Convertible Preference Shares having
		face value of Rs. I 00/-each at a premium of Rs.
		19,970.97 /- per share. The aggregate shareholding of
		the Company, post this investment, in the said entity
		would be 37.90% on a ful ly converted & diluted basis.
10.	Brief background about the entity acquired in	Univariety whichwasincorporatedonMay19,
	terms of products/line of business acquired, date	educational business of20 15,engagedanIS111
	of incorporation, hist01y of last 3 years turnover,	providing products and services and counselling to
	country in which the acquired entity has presence	st~1dents, schools, col leges and educators (via website
	and any other significant information (in brief).	namely www.un ivarietv.com).
		Last three years turnover: Cr.
		2018-2019	2017-2018	2016-2017
		7.66	4.40	4.09

This is for your information and records.

Thanking You.

Yo rs faithfu lly, Fr o Edge (India) Ltd.::::- ft" ~[' l-1 . (f ),~ v-~ /◊~ ,/2 al & Company Secretary