Info Edge(India) Ltd. — Capital/Financing Update 2022

Apr 11, 2022

Date: April 11, 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 you that the Company has invested about Rs.3.70 Crores in Terralytics Analysis Private Limited. The details of the transaction are given as under:

Sl.No.	Particulars	Details
1.	Name of the target entity, details in briefsuch as size, turnover etc.	Terralytics Analysis Private Limited(“Terralytics”)H. No. A-1/20, Basement, Safdarjung Enclave, OppB-4 Block, New Delhi- 110029.**Turnover(As on 31.03.2021): **Rs. 14.51 lacs
2.	Whether the acquisition would fall withinrelated party transaction(s) and whether thepromoter/promoter group/group companieshave any interest in the entity beingacquired? If yes, nature of interest anddetails thereof and whether the same is doneat “arm’s length”	Since Terralytics is an Associate company of theCompany, it is a Related Party.Promoters of the Company have no interest in the saidinvestment.The transaction is done at Arm’s Length basis.
3.	Industry to which the entity being acquiredbelongs	Terralytics is engaged in the business of developingintelligence and analytics in real estate vertical for saleto banks, developers, consulting firms, etc. fordiligence,information and otherpurposes.
4.	Objects and effects of acquisition (includingbut not limited to, disclosure of reasons foracquisition of target entity, if its business isoutside the main line of business of the listedentity.	This investment would help the Company to strengthenits offering in the real estate segment by providing anenhanced platform to real estate industry professionals,financial institutions and individual buyers to conducttheir business efficiently.

5.	Brief details of any governmental or regulatory	Not Applicable.
	approvals required for the acquisition.
6.	Indicative time period for completion of	Immediate
	acquisition
7.	NatureofConsideration-whethercash	Cash Consideration
	consideration or share swap and details of the
	same.
8.	Cost of acquisition or the price at which the	About Rs.3.70 Crores.
	shares are acquired.
9.	Percentage of shareholding/control acquired	The Company has agreed to acquire 6,650
	and/ or number of shares acquired.	Compulsorily Convertible Preference Shares as part
		of a larger fund raise exercise by Terralytics. Upon
		the successful closing of the said fund raise exercise,
		the aggregate shareholding of the Company in the
		said entity would be 20.50 % on a fully converted &
		diluted basis.
10.	Brief background about the entity acquired in	Terralytics was incorporated on October 15,
	terms of products/line of business acquired, date	2018 andis engaged in the business of developing
	of incorporation, history of last 3 years turnover,	intelligence and analytics in real estate vertical for
	country in which the acquired entity has	sale to banks, developers, consulting firms, etc. for
	presence and any other significant information	diligence, information and other purposes.
	(in brief).
		Last threeyears turnover:(Rs.)
		2020-20212019-20202018-2019
		14.51 lacs7.55 lacsNil

This is for your information and records.

Thanking You.

Yours faithfully,

For Info Edge (India) Ltd.

Chintan Thakkar Whole-time Director & CFO