COMPANY NEWS


Info Edge (India) Ltd
BSE Code 532777 ISIN Demat INE663F01024 Book Value (₹) 1,284.78 NSE Symbol NAUKRI Div & Yield % 0.37 Market Cap ( Cr.) 75,915.49 P/E * 92.65 EPS * 63.33 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Info Edge (India) invests Rs 30 cr in Redstart Labs Back
(27 Mar 2024)
Info Edge (India) has invested Rs 30 crore in Redstart Labs (India) , wholly-owned subsidiary of the Company. The Company already holds 100% stake in Redstart on a fully converted and diluted basis. The transaction is done at Arm's Length basis.

The Company has agreed to acquire 3,000,000 Compulsorily Convertible Debentures (CCDs) having face value of Rs. 100/- each. Post this investment, Redstart remains the wholly-owned subsidiary of the Company.