Info Edge(India) Ltd. — Capital/Financing Update 2023

Jun 9, 2023

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Date: June 9, 2023

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 Disclosure Requirements) Regulations, 2015

Dear Sir/Madam ,

This is to inform you that the Company has agreed to sell its entire shareholding held through its wholly owned subsidiary - Startup Investments (Holding) Limited (SIHL) in its associate company namely Happily Unmarried Marketing Private Limited (HUM) to VLCC Health Care Limited (VLCC) via a mix of cash and other than cash consideration (swap of shares).

Pursuant to the execution of above transaction, all the earlier share subscription agreements entered into by and between the Company, HUM and other investors shall stand terminated.

The details of the transaction are given as under:

Sl.	Particulars		Details	Details	Details
No.
1.	The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year;		Name of Company: Happily Unmarried Marketing Private Limited As on March 31, 2023 Particulars Amount (in INR.) Percentage Turnover/ /Revenue/Income Nil Nil Net worth 186,113 0.00% Details are mentioned on a consolidated basis
			Particulars	Amount (in INR.)	Percentage
			Turnover/ /Revenue/Income	Nil	Nil
			Net worth*	186,113	0.00%
			*Details are mentioned on	a consolidated basis
2.	Date on which the agreement for sale has been entered into;		08/06/2023
3.	The expected date of completion of sale/disposal;		Two months from signing unless mutually extended by the parties
4.	Consideration received from such sale/disposal;		Approx. INR 61 Crores via a mix of cash and share swap
5.	Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof;		VLCC is a company incorporated under the Companies Act, 1956, having corporate identification number U74899DL1996PLC082842, having its registered office at M-14, Greater Kailash-II, Commercial Complex, New Delhi 110048, India The buyer is not related to promoter/promoter group/groupcompanies.

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6.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arms length”;	VLCC is not a Related Party of the Company and therefore, the transaction is not a related party transaction.
7.	Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entitywith respect to such slumpsale.	Not Applicable

This is for your information and records.

Thanking You.

Yours faithfully, For Info Edge (India) Ltd.

CHINTAN Digitally signed by CHINTAN ARVIND ARVIND THAKKAR Date: 2023.06.09 THAKKAR 18:00:54 +05'30' Chintan Thakkar Whole-time Director & CFO

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