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Info Edge(India) Ltd. — Capital/Financing Update 2022
Apr 28, 2022
61935_rns_2022-04-28_11c24d13-2f86-4493-beb4-f310e0adc1c4.pdf
Capital/Financing Update
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Date: April 28, 2022
1. The Manager- Listing National Stock Exchange of India Limited
(Scrip Code: NAUKRI)
2. The Manager- Listing BSE Limited (Scrip Code: 532777)
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
Dear Sir/Madam ,
This is to inform that MacRitchie Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited has committed to approximately 50% of total corpus of each scheme in partnership with the Company as per following details in the Alternative Investment Funds (“AIFs”) sponsored through Smartweb Internet Services Limited, wholly-owned subsidiary of the Company:
| AIF name | Scheme Name | Amount |
|---|---|---|
| Info Edge Venture Fund(IEVF) | IE Venture Fund Follow-on I (secondscheme of IEVF) | USD 50 Mn |
| Info EdgeCapital | IEVenture Investment Fund II | USD 75Mn |
| Capital 2B | Capital 2B Fund I (scheme approvalfromSEBI is awaited) | USD 37.5 Mn |
These commitments would be subject to customary conditions, including closing of documentation to the mutual satisfaction of parties.
This is to further inform that remaining 50% (approx.) of the contribution from the Company, directly or through its wholly-owned subsidiaries, is subject to shareholders’ approval being sought by the Company through postal ballot dated April 15, 2022, remote e-voting for which ends on May 21, 2022 (reference: stock exchange intimation dated April 21, 2022 by the Company on postal ballot notice).
This is for your information and records.
Thanking You.
Yours faithfully, For Info Edge (India) Ltd.
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Chintan Thakkar Whole-time Director & CFO
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