NSEDiversification/Disinvestment3d ago · 27 Aug 2026, 04:29 pm

Diversification/Disinvestment

Info Edge (India) Limited · NAUKRI

✦ AI SummaryDivestiture

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, Redstart Labs (India) Ltd., will repurchase 555,556 Series Pre-Seed Preferred Stock held in SkyServe Inc., resulting in a complete disinvestment from SkyServe.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

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_27082026162904_Stock_Exchange_Intimation-Divestment_Skyserve.pdf

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Date: August 27, 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’) Pursuant to Regulation 30 of the Listing Regulations and in continuation of the Company’s intimation dated September 27, 2023, we wish to inform you that SkyServe Inc. (‘Skyserve’), an investee company, wherein the Company through Redstart Labs (India) Ltd. (‘Redstart’), a wholly-owned subsidiary of the Company, holds 555,556 Series Pre-Seed Preferred Stock aggregating to 5.55% of the total shareholding of Skyserve, on a fully converted & diluted basis, has proposed to undertake repurchase of its securities from Redstart. In reference to aforesaid repurchase, Redstart in its meeting of the Board of Directors, held today i.e. August 27, 2026, has agreed to tender all 555,556 Series Pre-Seed Preferred Stock held by it in Skyserve. Further, upon completion of the said repurchase of the securities tendered by Redstart, the Company, through Redstart, will cease to hold any securities in Skyserve, resulting in a complete disinvestment from Skyserve. The details of the transaction 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 are given as under: S. No. Particulars Details 1. The amount and percentage of the turnover or Name: SkyServe Inc. (‘Skyserve’) revenue or income and net worth contributed by Details as on March 31, 2026 such unit or division or undertaking or Amount (Rs. Percentage subsidiary or associate company of the listed in crores) entity during the last financial year Total Income Networth Not Applicable* Turnover Revenue *Not Applicable, as the financial statements of SkyServe are not required to be consolidated with the financial statements of the Company and, accordingly, SkyServe does not contribute to the consolidated financial results of the Company. 2. Date on which the agreement for sale has been Skyserve will repurchase securities from Redstart pursuant entered into to Repurchase Agreement to be entered into within 1 (one) week from the approval. 3. The expected date of completion of Repurchase of securities from Redstart is expected to be sale/disposal completed by September 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 4. Consideration received from such Transfer of entire shareholding held by Redstart in Skyserve sale/disposal (i.e., 555,556 Series Pre-Seed Preferred Stock aggregating to 5.55% on a fully converted & diluted basis) pursuant to the repurchase, for an aggregate consideration of about USD 55.55. 5. Brief details of buyers and whether any of the Skyserve was incorporated on April 5, 2021 and provides buyers belong to the promoter/ promoter Insights-as-a-Service platform enabling satellite-based edge group/group companies. If yes, details thereof computed insights for core industries and solution providers to scale faster and affordably. Skyserve feed multispectral imagery to models deployed on the edge and facilitate timely predictions. The buyer is not related to promoter/promoter group/group companies. 6. Whether the transaction would fall within related No. Skyserve is not a Related Party of the Company and party transactions? If yes, whether the same is therefore, the transaction is not a related party transaction. done at “arms length” The proposed repurchase transaction is being carried out at an arm’s length basis. 7. Whether the sale, lease or disposal of the Not Applicable. undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations 8. Additionally, in case of a slump sale, indicative Not Applicable. disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale 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: August 27, 2026 – 03:46 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