Info Edge (India) Limited — Important, 29-03-2025: General Updates

Info Edge (India) Limited has received a penalty order from the Income Tax Department for Assessment Year 2017-18, amounting to ₹1.95 crore under Section 270A of the Income Tax Act. The company is currently reviewing the order and considering its next steps, as the penalty is appealable. However, the management notes that this development will not materially impact financials or operations. Investors may perceive this as a neutral impact, with no significant risks to the company’s overall health or future growth trajectory.