Info Edge received an order from Delhi Stamp Collector imposing ₹67.8 lakh total liability for ESOP share allotments.
The order alleges insufficient stamp duty payment for 400,000 shares issued to employee trust in 2022.
Company disputes the order, stating it paid duty via depository mechanism and is evaluating legal remedies.
Info Edge does not expect material financial impact from this order and is pursuing appropriate legal steps.