Info Edge Files Appeal with NCLAT Against NCLT Order in Amalgamation Matter
Info Edge (India) Limited has initiated an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning a Scheme of Amalgamation involving several entities. The appeal challenges an order dated April 7, 2026, passed by the National Company Law Tribunal (NCLT), New Delhi.The amalgamation scheme involves Info Edge (India) Limited, acting as the Transferee Company, and four other parties: Allcheckdeals India Private Limited (Transferor Company 1), Axilly Labs Private Limited (Transferor Company 2), Diphda Internet Services Limited (Transferor Company 3), and Zwayam Digital Private Limited (Transferor Company 4).
The NCLT, in its order dated April 7, 2026, had directed the convening of meetings for the equity shareholders, secured creditors, and unsecured creditors of the Company.
Info Edge (India) Limited has filed an appeal with the NCLAT challenging the aforementioned order. The appeal seeks, among other reliefs, the dispensation of the requirement to convene meetings of the equity shareholders, secured creditors, and unsecured creditors of the Company.
NAUKRI Stock Price Movement
Today, Info Edge (India) Limited shares edged higher in post-market trading, closing at ₹935.55, representing a solid gain of 0.91%. The stock traded on a volume of 1.19 million shares, indicating strong investor interest throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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