Info Edge (India) Limited, a prominent player in the Indian digital landscape, has received an improved Environmental, Social, and Governance (ESG) rating for the fiscal year 2024-25. The company's ESG performance has been independently assessed by SEBI-registered ESG ratings provider SES ESG Research Private Limited (SES).

ESG Rating Improvement

InfoEdge's ESG rating has seen a notable increase:

This improvement of 3.20 points indicates the company's ongoing commitment to enhancing its environmental, social, and governance practices.

Independent Assessment

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

• InfoEdge's disclosures for fiscal years 2024 and 2025
• Other publicly available data

Timing and Disclosure

The company received this communication from SES on November 10, 2025, at 9:05 P.M. IST. In line with its commitment to transparency, InfoEdge promptly disclosed this information to the stock exchanges on November 11, 2025, in compliance with SEBI regulations.

Investor Relations Activities

Coinciding with this ESG rating news, InfoEdge has also announced a series of upcoming meetings with institutional investors and analysts. These meetings, scheduled from November 13 to November 26, 2025, include one-on-one sessions with various mutual funds and asset management companies.

Key Takeaways

1. InfoEdge's improved ESG rating reflects its efforts in sustainable and responsible business practices.
2. The independent nature of the assessment adds credibility to the rating.
3. The company's prompt disclosure aligns with regulatory requirements and demonstrates transparency.
4. Upcoming investor meetings suggest active engagement with the financial community.

As companies increasingly focus on ESG factors, this improved rating may positively influence investor perceptions of InfoEdge. However, it's crucial for investors to consider this information as part of a broader analysis of the company's overall performance and strategy.

Info Edge (India) Limited , a prominent player in the Indian internet and technology space, has announced a significant move that could reshape its investment portfolio. The company's board has given the green light for a partial divestment of its stake in NoPaperForms Solutions Limited, paving the way for the subsidiary's initial public offering (IPO).

Key Highlights of the Announcement

• Info Edge's wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL), will reduce its stake in NoPaperForms Solutions (also known as Meritto) to below 25% of the total paid-up capital.
• The divestment will be executed through a combination of an Offer for Sale (OFS) and dilution from primary issuance of equity shares by Meritto.
• SIHL plans to offer up to 38,422,392 equity shares of Meritto, each with a face value of ₹1.00, as part of the proposed IPO.

Divestment Strategy

The partial stake sale will be implemented through two primary mechanisms:

1. Offer for Sale (OFS): This includes the potential for pre-IPO secondary transfers and sale of equity shares prior to the filing of the red herring prospectus.
2. Dilution: This will result from the primary issuance of equity shares by Meritto as part of the proposed IPO.

Regulatory Compliance and Future Steps

Info Edge has emphasized that the proposed IPO, including the OFS component, is subject to several factors:

• Prevailing market conditions
• Receipt of necessary approvals from regulatory authorities
• Clearances from the Securities and Exchange Board of India (SEBI)

The company stated that Meritto will file the relevant offer documents with the appropriate authorities in due course.

Implications for Info Edge

This strategic move allows Info Edge to potentially monetize a portion of its investment in NoPaperForms Solutions while still maintaining a significant stake in the company. It also provides NoPaperForms Solutions with the opportunity to access public markets for future growth and expansion.

About NoPaperForms Solutions

NoPaperForms Solutions Limited, operating under the brand name Meritto, is a subsidiary of Info Edge. While specific details about the company's operations were not provided in the announcement, the impending IPO suggests that it has reached a stage of growth that warrants public investment.

As the IPO process unfolds, investors and market watchers will be keen to see how this partial divestment impacts Info Edge's financial position and how NoPaperForms Solutions performs as a standalone public entity.

Note: The proposed IPO is subject to market conditions and regulatory approvals. Investors are advised to follow official announcements for the most up-to-date information.