Acquisition

Date: July 6, 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: Outcome of the Board Meeting – July 6, 2026 Ref: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Pursuant to the requirements of Regulation 30 read with Schedule III of the Listing Regulations, the Board of Directors of the Company, at their meeting held today i.e. on July 6, 2026, have inter alia considered and approved the following: 1. Acquisition of the entire shareholding of Sunrise Mentors Private Limited (‘CodingNinjas’), a subsidiary of the Company The Company shall enter into Share Purchase Agreement for acquisition of 74,741 (Seventy Four Thousand Seven Hundred and Forty One) equity shares of CodingNinjas at a price of Rs. 5340.23 (Rupees Five Thousand Three Hundred and Forty Point Two Three only) per share, aggregating to 45.36% on fully converted and diluted basis, (as on date), for a total consideration of about Rs. 39.91 Crores, by way of secondary acquisition of the equity shares held by the founders of CodingNinjas (“Transaction”). The acquisition from founders of CodingNinjas is subject to fulfilment of certain customary conditions precedent and other terms and conditions agreed under the Share Purchase Agreement. Upon completion of the said transaction, the Company shall hold 100% stake in CodingNinjas, held directly and through Startup Investments (Holding) Limited (”SIHL”) on a fully converted and diluted basis, and accordingly, CodingNinjas shall become a wholly owned subsidiary of the Company. 2. Contribution agreement with B8 Fund I, a scheme launched by B8 Trust to commit an additional contribution of up to Rs. 180 crore Entering into a contribution agreement with B8 Fund I, a scheme launched by B8 Trust, a Trust registered with Securities and Exchange Board of India as a Category II Alternative Investment Fund under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, to commit an additional contribution of up to Rs. 180 crore in aggregate, directly and/or through wholly owned subsidiaries, over and above Rs. 250 crore committed by the Company previously and disclosed to the Stock Exchanges on February 26, 2026. 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 Further, the details as required in terms of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 in relation to the above referred items are enclosed as Annexure A and Annexure B to this intimation. The meeting of the Board commenced at 08:05 pm and concluded at 08:52 pm. This intimation is also being uploaded on Company’s website and can be accessed at www.infoedge.in. 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 Disclosure of information pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Annexure A 1. Acquisition of the entire shareholding of Sunrise Mentors Private Limited, a subsidiary of the Company SI. Particulars Details 1. Name of the target entity, details Sunrise Mentors Private Limited (‘CodingNinjas’) in brief such as size, turnover etc. Address: C-104, M.K. Residency Apartment, Sector 11, Plot 8B Dwarka, West Delhi, Delhi, 110075 Details as on March 31, 2026 (Rs. in crores) Turnover PAT Networth 97.43 (13.36) (34.98) 2. Whether the acquisition would The transaction is being undertaken between the Company fall within related party (who are the purchasers) and the founders of CodingNinjas transaction(s) and whether the (who are the whole-time directors and related parties of promoter / promoter group / group Coding Ninjas), wherein the Company is contemplating companies have any interest in the acquiring the remaining stake held by its partners in its entity being acquired? If yes, subsidiary company (CodingNinjas). Given that nature of interest and details CodingNinjas is a subsidiary of the Company, and the thereof and whether the same is partners (who are the sellers in this transaction and are also done at “arm’s length” whole time directors in CodingNinjas), this transaction would be a related party transaction in terms of Regulation 2(1)(zc) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consideration for the proposed acquisition has been mutually agreed and arrived at through commercial negotiations between the parties. While the consideration paid for the transaction is not on an arm’s length basis, this is so because, in fact, the terms are more economically favourable. To further clarify, the agreed consideration represents a commercially negotiated value, considering the Company’s existing controlling stake, contractual obligation framework, prevailing adverse market conditions for ed-tech companies and the overall commercial context of the transaction. Accordingly, the Audit Committee and the Board, after considering strategic rationale for the acquisition, approved the proposed transaction and considered that the proposed transaction is in the best interests of the Company and its shareholders. 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 Promoter/Promoter Group/Group Companies of the Company have no interest in the said acquisition. 3. Industry to which the entity being CodingNinjas is engaged in the business of providing acquired belongs education and operates an e-learning platform – ‘Coding Ninjas’. 4. Objects and impact of acquisition The Transaction is in line with the Company’s previous (including but not limited to, investment round and our overall investment strategy. This disclosure of reasons for will help the company: (i) maximize business synergies acquisition of target entity, if its between the two platforms - Naukri and Coding Ninjas, business is outside the main line unlocking growth and profitability improvements for of business of the listed entity) Coding Ninjas platform, and (ii) enable Naukri build mini AI course offerings to add value to its users. For the purpose of the same, the founders of CodingNinjas will be employed by the Company and will receive certain salary and performance incentive in relation to the aforesaid businesses. Upon completion of the said transaction, the Company shall hold 100% stake in CodingNinjas, held directly and through SIHL on a fully converted and diluted basis, and accordingly, CodingNinjas shall become a wholly owned subsidiary of the Company. 5. Brief details of any governmental Not Applicable or regulatory approvals required for the acquisition; 6. Indicative time period for The consideration for the Transaction will be paid in 4 completion of the acquisition; tranches as follows:  25% of the total consideration amounting to about Rs. 9.98 Crores would be disbursed on the closing of the Share Purchase Agreement; and  Remaining 75% of the total consideration amounting to about R [Showing first 8,000 characters — download PDF for full document]