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