Info Edge to Invest Rs. 30 Crores in Wholly-Owned Subsidiary, Startup Investments (Holding) Limited
Info Edge (India) Limited has announced an investment of about Rs. 30 Crores in Startup Investments (Holding) Limited (SIHL), a wholly-owned subsidiary of the company. The investment was approved during a meeting of the Committee of Executive Directors on May 18, 2026.The capital infusion aims to support SIHL's exploration of investment opportunities, including contributions to Alternative Investment Funds (AIFs) and other general purposes.
Transaction and Entity Details
SIHL, which is engaged mainly in direct or indirect investments in technology companies and related activities, was incorporated on March 4, 2015, and operates in India.The company plans to acquire 14,01,214 0.0001% Compulsorily Convertible Debentures (CCDs) at an issue price of Rs. 214.10 each, which includes a premium of Rs. 114.10 per CCD. Following this investment, SIHL will continue to operate as a wholly-owned subsidiary of Info Edge (India) Limited.
For reference, key details regarding the target entity, SIHL, as of March 31, 2025, are summarized below:
| Particulars | Details (Rs. in crores) |
|---|---|
| Turnover | Nil |
| Profit After Tax (PAT) | 0.86 |
| Networth | (209.50) |
Key Investment Facts
The investment is structured as a cash consideration of approximately Rs. 30 Crores. The transaction involves Info Edge (India) Limited acquiring the mentioned CCDs.The company holds a 100% stake in SIHL through its subsidiary, Naukri Internet Services Ltd., making SIHL a related party concerning this investment. The company noted that the present investment will help SIHL explore various investment avenues, including general purposes and AIF contributions.
The anticipated timeline for completing the acquisition is within 30 days from the approval date.
NAUKRI Stock Price Movement
Shares of Info Edge (India) Limited are slipping by 0.41% in live trading, currently standing at ₹924.3 as of 11:59 AM. The stock continues to shed value, noting significant volatility today as the equity edges toward its 52-week low of ₹914.8.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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