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

May 26, 2023

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May 26, 2023

1. The Manager- Listing National Stock Exchange of India Limited

(Scrip Code: NAUKRI)

2. The Manager- Listing BSE Limited (Scrip Code: 532777)

Subject: Statement of Deviation or Variation in utilization of funds raised under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended March 31, 2023

Dear Sir/Madam,

Please find enclosed herewith the Statement of Deviation or Variation in utilization of funds raised through Qualified Institutions Placement (QIP) by the Company in FY 2020-21 under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended March 31, 2023, reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on May 26, 2023.

We would further like to inform that the entire funds raised through QIP in FY 2014-15 have been fully utilized and there was no deviation or variation in the objects & purposes for which the funds have been raised and in the use of proceeds of the said funds in conformity with the disclosure submitted to the Stock Exchanges on February 10, 2023 for the quarter ended December 31, 2022.

We request you to please take the above on record.

Thanking you

Yours truly For Info Edge (India) Ltd ,

JAYA Digitally signed by JAYA BHATIA BHATIA Date: 2023.05.26 14:11:33 +05'30' Jaya Bhatia Company Secretary & Compliance Officer Encl.: A/a

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Statement of Deviation / Variation in utilisation of funds raised

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----- Start of picture text ----- Name of listed entity Info Edge (India) LimitedMode of Fund Raising QIPDate of Raising Funds August 8, 2020Amount Raised Rs. 18750 MnReport filed for quarter ended March 31, 2023Monitoring Agency NAMonitoring Agency Name, if applicable NAIs there a Deviation/Variation in use of Funds raised NoIf yes, whether the same is pursuant to change in terms of a contract or objects, whichwas approved by the shareholders NAIf Yes, Date of shareholder Approval NAExplanation for the Deviation / Variation NAComments of the Audit Committee after review There is no deviation/variationComments of the auditors, if any There is no deviation/variationObjects for which funds have been raised and where there has been a deviation, in the The Net Proceeds of the Issue are proposed to augment our long term cash resources, for meeting the fund requirementsfollowing table of our business activities and general corporate purposes as a part of our growth strategy. Subject to the review of the Audit Committee as required under the SEBI ListingRegulations and in accordance with the decision of our Board, the Company’s management will have the flexibility in deploying the Net Proceeds. The amounts and timing of anyexpenditure will depend on, among other factors, the amount of cash generated by operations, competitive and market developments and the availability of acquisition orinvestment opportunities on terms acceptable. Pending utilization of the Net Proceeds, the Company intends to invest the funds in creditworthy instruments, including moneymarket, mutual funds, and deposits with banks and corporates or other securities. Such investments would be in accordance with the investment policies as approved by ourBoard and/ or a duly authorized committee of the Board from time to time and in accordance with applicable laws.(Amount in Rs. Mn)Amount of Deviation/VariationOriginal Modified Remarks ifOriginal Object Modified Object, if any Funds utilised for the quarter according toAllocation * allocation, if any applicable object anyThe Net Proceeds of the Issue are proposed to augment our long term cash resources, formeeting the fund requirements of our business activities and general corporate purposes asa part of our growth strategy. Subject to the review of the Audit Committee as requiredunder the SEBI Listing Regulations and in accordance with the decision of our Board, theCompany’s management will have the flexibility in deploying the Net Proceeds. Theamounts and timing of any expenditure will depend on, among other factors, the amount ofcash generated by operations, competitive and market developments and the availability of NA 18,290.32 No 6,933.29 No -acquisition or investment opportunities on terms acceptable. Pending utilization of the NetProceeds, the Company intends to invest the funds in creditworthy instruments, includingmoney market, mutual funds, and deposits with banks and corporates or other securities.Such investments would be in accordance with the investment policies as approved by ourBoard and/ or a duly authorized committee of the Board from time to time and inaccordance with applicable laws.----- End of picture text -----

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as agains t what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc

*** Net of Expenses paid/provided in relation to QIP amounting to ₹459.68 Mn**

Name of Signatory: Chintan Thakkar Designation: Whole-time Director & CFO