Info Edge , a prominent Indian internet company, has significantly increased its ownership in PB Fintech, the parent company of Policybazaar and Paisabazaar, through a recent corporate restructuring process. The move underscores Info Edge's commitment to strengthening its position in the fintech sector.

Key Highlights

• Info Edge acquired an additional 6.47% stake in PB Fintech
• The acquisition was executed through an NCLT-approved amalgamation process
• Info Edge's total shareholding in PB Fintech now stands at 12.43%

Transaction Details

The increase in Info Edge's stake in PB Fintech was achieved through a corporate restructuring mechanism approved by the National Company Law Tribunal (NCLT). This process, known as amalgamation, typically involves the combination of two or more companies into a single entity.

Implications

1. Strengthened Position: The substantial increase in ownership reinforces Info Edge's position as a significant stakeholder in PB Fintech.

2. Strategic Alignment: This move aligns with Info Edge's strategy of investing in and supporting innovative technology-driven businesses.

3. Fintech Focus: The increased stake demonstrates Info Edge's continued interest and confidence in the fintech sector, particularly in PB Fintech's business model and growth potential.

4. Corporate Governance: The use of an NCLT-approved process ensures that the transaction adheres to regulatory requirements and maintains transparency.

This strategic move by Info Edge highlights the company's proactive approach to portfolio management and its commitment to maximizing value through strategic investments in the rapidly evolving fintech landscape.

Investors and market observers will likely be keen to see how this increased stake influences the future strategies and synergies between Info Edge and PB Fintech.

Info Edge (India) Limited, a leading Indian pure-play internet company, has announced significant changes in its leadership and board structure. The company, known for its online classifieds platforms like Naukri.com, has disclosed these changes in a recent regulatory filing.

Key Leadership Changes

InfoEdge has reported that Mr. Chintan Thakkar will step down from his roles as Whole-time Director, Chief Financial Officer (CFO), and Key Managerial Person, effective November 19, 2025. Following this transition, Mr. Ambarish Raghuvanshi will assume the position of Interim CFO and Key Managerial Person starting November 20, 2025, until a permanent CFO is appointed.

Board Committee Restructuring

In light of these changes, InfoEdge has announced a comprehensive restructuring of its board committees:

Stakeholders' Relationship Committee (SRC)

The SRC has been reconstituted with the addition of Mr. Hitesh Oberoi, Managing Director & CEO, as a new member. The updated composition is as follows:

Business Responsibility and Sustainability Reporting Committee (BRSR)

Mr. Sanjeev Bikhchandani, Founder & Executive Vice-chairman, has been designated as the Chairman of the BRSR Committee. The revised structure is:

Risk Management Committee (RMC)

The RMC has been reconstituted with Mr. Ambarish Raghuvanshi joining as an invitee. The updated composition is:

Corporate Social Responsibility Committee (CSR)

Following Mr. Chintan Thakkar's departure, the CSR Committee's composition has been revised to:

Policy Updates

InfoEdge has also approved and adopted a revised Policy on Determination of Materiality of Events/Information, effective November 20, 2025. The updated policy will be available on the company's website.

Key Managerial Personnel for Disclosures

The company has authorized the following Key Managerial Personnel to determine the materiality of events/information and make disclosures to Stock Exchanges:

1. Mr. Sanjeev Bikhchandani, Executive Vice Chairman
2. Mr. Hitesh Oberoi, Managing Director & CEO

These changes reflect InfoEdge's commitment to maintaining strong corporate governance and adapting its leadership structure to meet evolving business needs.