Info Edge has provided significant updates on its investment activities and the restructuring of its Shopkirana stake transfer deal. The company's board meeting held on December 12, 2025, addressed key developments in both its subsidiary investments and the previously announced divestment plans.

Investment Update in Startup Internet Services Limited

The company has made substantial progress on its investment commitment in Startup Internet Services Ltd. (SISL), its wholly-owned subsidiary. Following the board's earlier approval in May 2025 for an investment not exceeding ₹300 crores, Info Edge has now deployed ₹120 crores based on drawdown requests received from the Alternative Investment Fund (AIF).

The remaining ₹180 crores will be disbursed in one or more tranches based on future fund requirements of SISL, maintaining alignment with the objectives outlined in the original May 2025 intimation.

Shopkirana Deal Restructuring

A significant development has emerged regarding the previously announced transfer of Info Edge's entire stake in Shopkirana E Trading Private Limited. The original agreement, approved in July 2025, involved transferring the company's 60,673 shares (26.14% on fully converted and diluted basis) to HiveLoop E Commerce Private Limited (HEPL) for approximately $23.13 million.

However, certain condition precedents have taken longer than anticipated, prompting a strategic restructuring of the transaction. The new arrangement involves:

Modified Transaction Structure

Under the restructured arrangement, TIPL will directly acquire the entire shareholding of Startup Investments (Holding) Limited (SIHL) in Shopkirana, instead of the previous indirect acquisition through HEPL. In consideration, TIPL will issue and allot certain shares directly to SIHL.

This modification aims to consummate the transaction in a more timely manner, addressing the delays encountered with the original structure. The company expects to provide detailed disclosure in terms of listing regulations upon finalization of negotiations and discussions on the definitive agreements.

Strategic Implications

These developments reflect Info Edge's continued focus on optimizing its investment portfolio and subsidiary operations. The steady deployment of funds in SISL demonstrates the company's commitment to its approved investment strategy, while the restructuring of the Shopkirana deal shows adaptability in executing complex transactions.

The extended timeline for the Shopkirana transaction completion, now pushed to March 2026, provides additional flexibility for both parties to finalize the definitive agreements and meet all necessary conditions precedent.

Info Edge (India) Limited, a prominent player in the Indian digital landscape, has received confirmation of its Environmental, Social, and Governance (ESG) rating for the fiscal year 2024-25. The company's ESG performance has been independently assessed by NSE Sustainability Ratings Analytics Limited, a SEBI-registered Category-I ESG ratings provider.

ESG Rating Performance

InfoEdge's ESG rating demonstrates continued strong performance in sustainability metrics:

This rating of 74 for FY2024-25 confirms the company's ongoing commitment to enhancing its environmental, social, and governance practices, maintaining the improvement trajectory from the previous fiscal year.

Independent Assessment Framework

It's important to note that InfoEdge did not engage NSE Sustainability for this ESG rating. The assessment was conducted independently by NSE Sustainability, based on:

• InfoEdge's disclosures for fiscal year 2025
• Other publicly available data
• Company's transparency in ESG reporting

This independent evaluation adds credibility to the rating and reflects the company's genuine commitment to sustainable business practices.

Recent Communication and Disclosure

The company received the latest ESG report communication from NSE Sustainability on December 9, 2025, at 4:27 PM IST. In line with its commitment to transparency, InfoEdge promptly disclosed this information to the stock exchanges on December 10, 2025, in compliance with SEBI regulations under Regulation 30 of the Listing Regulations.

Regulatory Compliance

The disclosure was made pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular dated November 11, 2024. The ESG rating information has also been uploaded on the company's website at www.infoedge.in for public access.

Key Highlights

• InfoEdge maintains strong ESG rating of 74 for FY2024-25
• Independent assessment by SEBI-registered NSE Sustainability
• Continued improvement in ESG performance metrics
• Prompt regulatory disclosure demonstrating transparency
• Public availability of ESG information on company website

As companies increasingly focus on ESG factors, this maintained strong rating may positively influence investor perceptions of InfoEdge's commitment to sustainable and responsible business practices.