Transaction Structure

  • Psila Tech Pte. Ltd. ('Psila'), in which Info Edge holds an indirect 13.38% stake on a fully diluted and converted basis through its wholly-owned subsidiary Redstart Labs (India) Limited ('Redstart'), is undertaking a capital reduction ('Transaction').
  • Redstart will enter into an Investment Agreement Termination and Release of Claims Agreement with Psila and its other shareholders.

Transaction Impact

  • Upon completion of the Transaction, Redstart's entire shareholding in Psila will be reduced to 0%.
  • Consequently, Psila will cease to be an indirect investee company of Info Edge (India) Limited.

Regulatory and Administrative Details

  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Date and time of occurrence of event: October 23, 2026 – 11:50 a.m. (IST)
  • The intimation is being uploaded on the company's website at www.infoedge.in
  • Signed by Jaya Bhatia, Company Secretary & Compliance Officer, on October 23, 2026 at 11:53:49 IST