NSEAcquisition23 Oct 2026 · 23 Oct 2026, 03:07 pm

Acquisition

Info Edge (India) Limited · NAUKRI

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Info Edge (India) Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company's wholly-owned subsidiary, Startup Investments (Holding) Ltd., has agreed to make a primary investment of about Rs. 5 crores in Bizcrum Infotech Private Limited (‘Bijnis’) and may undertake a secondary acquisition of equity shares of Bijnis from an existing investor.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Info Edge (India) Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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NAUKRI2_23102026150744_IEIL_BijnisSEIntimation.pdf

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October 23, 2026 1. The Manager- Listing National Stock Exchange of India Limited (Scrip Symbol: NAUKRI) 2. The Manager- Listing BSE Limited (Scrip Code: 532777) Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) This is to inform you that Startup Investments (Holding) Ltd. (‘SIHL’), a wholly-owned subsidiary of the Company at its meeting of the Board of Directors, held today i.e. October 23, 2026 has agreed to make a primary investment of about Rs. 5 crores in Bizcrum Infotech Private Limited (“Bijnis”). In addition, SIHL may undertake a secondary acquisition of equity shares of Bijnis from an existing investor, subject to the execution of a definitive share purchase agreement. The details of the proposed primary investment and the contingent secondary acquisition are set out below: Sl. Particulars Details 1. Name of the target entity, details in brief such Bizcrum Infotech Private Limited (‘Bijnis’) as size, turnover etc. Address: Plot No. 88 KH. No. 350, Haripuram, Agra, Karmyogi Enclave, Uttar Pradesh-282005 Details as on March 31, 2026 (Rs. in crores) Turnover PAT/Loss Networth 113.89 44.04 7.84 2. Whether the acquisition would fall within S ince Bijnis is an Associate company of the Company, it related party transaction(s) and whether the is a Related Party. promoter/promoter group/group companies have any interest in the entity being acquired? Promoter/Promoter Group/Group Companies of the If yes, nature of interest and details thereof and Company have no interest in the said investment. whether the same is done at “arm’s length” The transaction will be done at Arm’s Length basis. 3. Industry to which the entity being acquired Bijnis is in the business of operating a B2B marketplace belongs and quick commerce platform for footwear, apparel and allied fashion categories. 4. Objects and impact of acquisition (including This follow on investment by the Company through SIHL but not limited to, disclosure of reasons for is in furtherance of Company’s investment strategy, which acquisition of target entity, if its business is includes making external financial investments that are outside the main line of business of the listed focused on value creation in the medium to long term. entity.) SIHL’s investment in Bijnis forms part of a larger financing round involving existing and new investors. INFO EDGE (IN DIA) LIMITED Corporate Office: B-8, Sector - 132, Noida - 201304, Tel.: 0120 - 3082000, Fax: 0120-3082095 Email: investors@naukri.com URL: http://www.infoedge.in CIN: L74899DL1995PLC068021 Regd. Office: Ground Floor, 12A, 94, Meghdoot, Nehru Place, New Delhi-110019 In addition to the primary investment, SIHL may acquire additional equity shares of Bijnis from an existing investor by way of a secondary acquisition. Such secondary acquisition, if undertaken, will be subject to SIHL and the selling investor entering into a definitive share purchase agreement within 90 days from the closing of the primary investment, or such later date as may be mutually agreed in writing between them. Any additional shareholding acquired through the secondary acquisition, if undertaken, will be disclosed based on the terms of the definitive share purchase agreement and the applicable disclosure requirements. 5. Brief details of any governmental or regulatory Not Applicable. approvals required for the acquisition. 6. Indicative time period for completion of The primary investment is expected to be completed acquisition within two months from the date of signing of the definitive agreement. The secondary acquisition, if undertaken, will be subject to SIHL and the selling investor entering into a definitive share purchase agreement within 90 days from the closing of the primary investment, or such later date as may be mutually agreed in writing between them. Completion of the secondary acquisition will be in accordance with the terms of the definitive share purchase agreement. 7. Consideration- whether cash consideration or Cash Consideration. share swap or any other form and details of the same. 8. Cost of acquisition and/or the price at which Primary investment: About Rs. 5 crore comprising the the shares are acquired. subscription amount for the Series B2 Compulsorily Convertible Preference Shares at the applicable issue price. Secondary acquisition: The consideration payable, number of shares to be acquired and price per share, if the secondary acquisition is undertaken, will be determined and set out in the definitive share purchase agreement between SIHL and the selling investor. 9. Percentage of shareholding/control acquired The Board of Directors of SIHL has agreed to acquire and/ or number of shares acquired. 23,683 Series B2 Compulsorily Convertible Preference Shares (‘CCPS’) of Bijnis having face value of Rs. 10 each, at an issue price of Rs. 2,111.19 per share including premium by way of primary subscription. Following the primary investment, the aggregate shareholding of the Company through SIHL in Bijnis is INFO EDGE (IN DIA) LIMITED Corporate Office: B-8, Sector - 132, Noida - 201304, Tel.: 0120 - 3082000, Fax: 0120-3082095 Email: investors@naukri.com URL: http://www.infoedge.in CIN: L74899DL1995PLC068021 Regd. Office: Ground Floor, 12A, 94, Meghdoot, Nehru Place, New Delhi-110019 expected to be 20.12% on a fully converted and diluted basis. In addition to the aforesaid primary investment, SIHL may acquire additional equity shares of Bijnis from an existing investor by way of a secondary acquisition, subject to the execution of a definitive share purchase agreement. The number of shares to be acquired and the resultant shareholding, if such secondary acquisition is undertaken, will be determined in accordance with the terms of the definitive share purchase agreement. 10. Brief background about the entity acquired in Brief Background: Bijnis is in the business of operating terms of products/line of business acquired, a B2B marketplace and quick commerce platform for date of incorporation, history of last 3 years footwear, apparel and allied fashion categories. turnover, country in which the acquired entity has presence and any other significant Date of Incorporation: April 6, 2015 information (in brief). Country in which the acquired entity has presence: India Last three years turnover: (Rs. in crores): 2025-26 2024-25 2023-24 113.89 132.62 79.05 This intimation is also being uploaded on Company’s website and can be accessed at www.infoedge.in. Date and time of occurrence of event: October 23, 2026 – 02:57 p.m. IST. You are requested to take the above information on record. Thanking You. Yours faithfully, For Info Edge (India) Limited Jaya Bhatia Company Secretary & Compliance Officer INFO EDGE (IN DIA) LIMITED Corporate Office: B-8, Sector - 132, Noida - 201304, Tel.: 0120 - 3082000, Fax: 0120-3082095 Email: investors@naukri.com URL: http://www.infoedge.in CIN: L74899DL1995PLC068021 Regd. Office: Ground Floor, 12A, 94, Meghdoot, Nehru Place, New Delhi-110019