InfoEdge Announces CFO Transition and Board Committee Restructuring

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:

Name	Category	Position
Ms. Geeta Mathur	Independent Director	Chairperson
Mr. Kapil Kapoor	Non-Executive Director	Member
Mr. Hitesh Oberoi	Executive Director	Member

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:

Name	Category	Position
Mr. Sanjeev Bikhchandani	Executive Director	Chairman
Mr. Hitesh Oberoi	Executive Director	Member
Mr. Pawan Goyal	Executive Director	Member

Risk Management Committee (RMC)

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

Name	Category	Position
Ms. Geeta Mathur	Independent Director	Chairperson
Mr. Sanjeev Bikhchandani	Executive Director	Member
Mr. Hitesh Oberoi	Executive Director	Member
Mr. Ashish Gupta	Independent Director	Member
Mr. Arindam Kumar Bhattacharya	Independent Director	Member
Mr. Ambarish Raghuvanshi	Interim CFO	Invitee

Corporate Social Responsibility Committee (CSR)

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

Name	Category	Position
Ms. Geeta Mathur	Independent Director	Chairperson
Mr. Sanjeev Bikhchandani	Executive Director	Member
Mr. Hitesh Oberoi	Executive Director	Member

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:

Mr. Sanjeev Bikhchandani, Executive Vice Chairman
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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.57%	+4.10%	+1.99%	-3.09%	-17.93%	+64.88%

Info Edge (India) Limited, the parent company of popular job portal Naukri.com, has announced a strategic move in the online dating space. Its wholly-owned subsidiary, Jeevansathi Internet Services Private Limited, has acquired the remaining 3.65% stake in Aisle Network Private Limited for Rs. 5.50 crores, making Aisle a step-down wholly-owned subsidiary of Info Edge.

Acquisition Details

The acquisition involves the purchase of 1,279 equity shares of Aisle Network Private Limited, along with the termination of existing arrangements with the seller. This move consolidates Info Edge's control over the dating platform that operates multiple apps including Aisle, Anbe, Arike, Neetho, and Jalebi.

Financial Implications

According to the latest available financial data, Aisle Network Private Limited reported the following figures:

Financial Metric	Amount (in crores)
Turnover	39.62
PAT (Profit After Tax)	(17.80)
Net Worth	20.86

Business Overview

Aisle Network Private Limited operates in the online dating industry, running multiple dating platforms via mobile apps. These platforms allow users to browse through profiles of other users with the intent of finding suitable partners.

Transaction Details

The transaction is considered a related party transaction as Jeevansathi is a wholly-owned subsidiary of Info Edge, and Aisle was already a subsidiary of Jeevansathi.
The promoters of Info Edge have no interest in this transaction.
The deal has been executed on an arm's length basis, ensuring fairness and transparency.

Strategic Implications

This acquisition marks Info Edge's commitment to strengthening its position in the online dating market. By fully owning Aisle, Info Edge can potentially integrate the dating platform more closely with its other digital offerings, possibly leading to synergies across its portfolio of digital services.

The move also reflects the growing importance of the online dating segment in India's digital landscape, with Info Edge positioning itself to capitalize on this trend.

As the digital matchmaking space continues to evolve, it will be interesting to see how Info Edge leverages this complete ownership of Aisle to innovate and expand its services in the competitive online dating market.