Info Edge (India) Limited — Important, 11-12-2024: General Updates

The Board of Directors has made significant changes, approving the reconstitution of the Audit Committee and the Nomination & Remuneration Committee effective December 16, 2024. The Audit Committee will now be chaired by Mr. Sanjiv Sachar, with other members including Mr. Arindam Kumar Bhattacharya, Ms. Geeta Mathur, and Ms. Aruna Sundararajan. Notably, Ms. Geeta Mathur will step down from the Audit Committee by December 31, 2024.

Additionally, a revised Policy on Determination of Materiality of Events/Information has been adopted, effective December 1, 2024. This policy will enhance transparency in disclosures. Key managerial personnel authorized to determine materiality have also been disclosed, with their contact details made available to ensure smooth communication. These changes position the company for improved governance and accountability as it continues to navigate its operational landscape. Investors should keep a close watch on how these governance enhancements unfold and influence the company's strategic direction.