Info Edge (India) Limited has announced the appointment of Mr. Sudeep Shrivastava as Senior Vice President and Head Legal and Senior Management Personnel, effective March 23, 2026. The appointment was approved by the Board of Directors through a resolution passed by circulation on March 22, 2026, following recommendation and approval from the Nomination and Remuneration Committee.

Board Approval and Regulatory Compliance

The company informed stock exchanges about the appointment pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board approval was received at 01:02 p.m. (IST) on March 22, 2026.

Professional Background and Experience

Mr. Sudeep Shrivastava brings extensive legal expertise to Info Edge, with approximately 14 years of experience spanning diverse industries and multiple countries. Prior to joining the company, he served as Senior Director Legal for TaskUs India Pvt. Ltd., where he oversaw legal support for operations across multiple jurisdictions including India, South East Asia, and growth regions.

Educational Qualifications and Career History

Mr. Shrivastava holds a B.A LL.B with honours from National Law University, Lucknow. His professional journey includes significant legal roles at several prominent organizations:

• TaskUs India Pvt. Ltd. - Senior Director Legal
• Bharti Infratel Limited - Legal role
• Reliance Jio Limited - Legal role
• Vodafone Mobile Services Limited - Legal role
• Myntra Jabong Private Limited - Legal role

Regulatory Disclosure

The appointment details have been disclosed in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has also uploaded this intimation on its website at www.infoedge.in for public access. The disclosure was signed by Company Secretary and Compliance Officer Jaya Bhatia and communicated to both the National Stock Exchange of India Limited and BSE Limited.

Info Edge (India) Limited has received a tax demand notice of ₹3,64,63,140 from the Income Tax Department for Assessment Year 2024-25. The company disclosed this development through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tax Demand Details

The assessment order was received on March 20, 2026, at 06:44 PM from the Assessment Unit of the Income Tax Department. The demand has been issued under Section 143(3) of the Income Tax Act, 1961, and primarily relates to disallowance of Employee Stock Option Plan (ESOP) expenses claimed by the company.

Company's Response and Historical Context

Info Edge has stated that the order is appealable and the company is currently reviewing the assessment order while evaluating next steps in the matter. This tax demand follows a pattern of similar disputes the company has faced in previous years.

The company provided context regarding similar disallowances:

• Similar disallowances for Assessment Years 2016-17, 2022-23, and 2023-24 are pending before the Commissioner of Income Tax appeal
• Disallowances since Assessment Year 2007-08 have been decided by the Tribunal in favor of the company
• The Income Tax Department has filed appeals against favorable tribunal orders, which are currently pending acceptance before the Hon'ble High Court of Delhi

Financial Impact Assessment

According to the company's disclosure, there is no material impact on the financials of Info Edge relating to this order for the current financial year. The company has also confirmed no impact on its operations or other business activities.

Regulatory Compliance

The disclosure was made in compliance with multiple SEBI regulations and circulars, including SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025. The company has confirmed that all information provided is true, correct, and complete to the best of their knowledge and belief, as required under Regulation 30(13) of the Listing Regulations.

The intimation has been uploaded on the company's website at www.infoedge.in for public access. Info Edge operates popular platforms including Naukri.com, 99acres.com, Jeevansathi.com, and Shiksha.com.