Info Edge to sell entire shareholding in associate company

10 Jun 2023 Evaluate

Info Edge (India) has agreed to sell its entire shareholding held through its wholly owned subsidiary - Startup Investments (Holding) (SIHL) in its associate company namely Happily Unmarried Marketing (HUM) to VLCC Health Care (VLCC) via a mix of cash and other than cash consideration (swap of shares). Consideration received from such sale/disposal is around Rs 61 crore via a mix of cash and share swap. 

Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.


Info Edge Share Price

5497.35 24.10 (0.44%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Quess Corp 516.30
eClerx Services 2377.15
Info Edge 5497.35
CMS Info Systems 391.45
Affle (India) 1040.05
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