Info Edge appoints Himanshu Agarwal as Whole-time Director and CFO

2 min read     Updated on 27 Jun 2026, 12:17 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Info Edge (India) Limited has appointed Himanshu Agarwal as Whole-time Director and Chief Financial Officer effective September 17, 2026, for a five-year term subject to shareholder approval. Agarwal brings over three decades of experience and currently serves as Whole Time Director and CFO of Cohance Lifesciences Limited. The Board also reconstituted its Audit and Nomination & Remuneration Committees effective June 27, 2026, inducting Ms. Radha Rajappa and Mr. Rajesh Magow as members to ensure continuity following the completion of Independent Director Ashish Gupta's term.

powered bylight_fuzz_icon
44031212

*this image is generated using AI for illustrative purposes only.

Info Edge (India) Limited has appointed Himanshu Agarwal as its Whole-time Director and Chief Financial Officer, effective September 17, 2026, for a five-year term ending September 16, 2031. The appointment, subject to shareholder approval, aims to strengthen the company's finance leadership and corporate governance. Agarwal brings over three decades of experience in finance leadership, mergers and acquisitions, and business transformation across listed organisations in India and internationally.

The Board of Directors approved the appointment based on the recommendations of the Nomination & Remuneration Committee and Audit Committee. Agarwal, a qualified Chartered Accountant, Company Secretary, and Cost and Management Accountant, currently serves as Whole Time Director and Chief Financial Officer of Cohance Lifesciences Limited. He has held senior finance roles at ICI India Limited, AstraZeneca Pharma India Limited, AkzoNobel India Limited, Huhtamaki Oyj, and Bennett, Coleman and Co. Limited. He has been recognised with the Best CFO Award by the Institute of Chartered Accountants of India and among the Top 100 India CFOs by the CFO Institute.

The company stated that Agarwal is not related to any of the Directors and is not debarred from holding the office of Director by any SEBI order or other authority. Info Edge will intimate the stock exchanges upon Agarwal assuming office. The appointment follows Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Concurrently, the Board reconstituted its Audit and Nomination & Remuneration Committees effective June 27, 2026, to ensure continuity following the completion of Independent Director Ashish Gupta's term on July 20, 2026. Ms. Radha Rajappa was inducted as a Member of the Audit Committee, while Mr. Rajesh Magow joined the Nomination & Remuneration Committee as a Member and will assume the role of Chairman from July 21, 2026.

Audit Committee Composition

S.No. Name of the Member Category Position in the Committee
1. Mr. Sanjiv Sachar Independent Director Chairman
2. Mr. Ashish Gupta Independent Director Member
3. Ms. Geeta Mathur Independent Director Member
4. Ms. Radha Rajappa Independent Director Member

Nomination & Remuneration Committee Composition

S.No Name of Member Category Position in the Committee
1. Mr. Ashish Gupta Independent Director Chairman & Member till July 20, 2026
2. Mr. Kapil Kapoor Non-Executive Director Member
3. Mr. Sanjiv Sachar Independent Director Member
4. Mr. Rajesh Magow Independent Director Member with effect from June 27, 2026 and Chairman with effect from July 21, 2026

Historical Stock Returns for Info Edge

1 Day5 Days1 Month6 Months1 Year5 Years
-3.06%-3.76%+1.86%-28.38%-34.98%+2.20%

How will Agarwal's extensive M&A background influence Info Edge's future acquisition strategy?

What specific financial transformations does the company plan to prioritize under Agarwal's leadership?

How might the reconstituted Audit Committee impact the company's governance standards moving forward?

Info Edge (India) Ltd. Records ₹229.56 Crores Block Trade on NSE at ₹1,010.15 Per Share

0 min read     Updated on 25 Jun 2026, 10:23 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Info Edge (India) Ltd. recorded a notable block trade on the National Stock Exchange (NSE) valued at ₹229.56 crores, involving approximately 2,272,537 shares at a price of ₹1,010.15 per share. Such block trades are large-volume transactions executed between institutional participants outside the regular market order book to minimize price impact.

powered bylight_fuzz_icon
42790385

*this image is generated using AI for illustrative purposes only.

Info Edge (India) Ltd. recorded a significant block trade on the National Stock Exchange (NSE), with the transaction valued at ₹229.56 crores. The trade involved approximately 2,272,537 shares executed at a price of ₹1,010.15 per share.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Parameter: Details
Exchange: NSE
Trade Value: ₹229.56 crores
Number of Shares: ~2,272,537
Trade Price: ₹1,010.15 per share

Key Highlights

  • The block trade was executed on the National Stock Exchange (NSE).
  • Approximately 2,272,537 shares were transacted in the deal.
  • The trade was executed at a price of ₹1,010.15 per share.
  • The total deal size amounted to ₹229.56 crores.

Block trades are typically large-volume transactions carried out between institutional buyers and sellers, executed outside the regular market order book to minimize price impact. The transaction in Info Edge (India) Ltd. reflects institutional-level activity in the stock.

Historical Stock Returns for Info Edge

1 Day5 Days1 Month6 Months1 Year5 Years
-3.06%-3.76%+1.86%-28.38%-34.98%+2.20%

What might this large block trade indicate about institutional sentiment towards Info Edge's future growth prospects?

How could the exit or entry of a major institutional investor influence Info Edge's stock volatility in the short term?

Is this transaction a precursor to a strategic shift in Info Edge's business model or portfolio?

More News on Info Edge

1 Year Returns:-34.98%