Info Edge (India) Limited — Others, 27-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
27-05-2025 | 01:53 pm
27-05-2025 | 01:53 pm
Info Edge (India) Limited has confirmed that funds raised through its Qualified Institutions Placement (QIP) in FY 2020-21 have been utilized as planned. Out of Rs. 187.50 crore raised, Rs. 79.39 crore has supported business growth and general corporate purposes. The remaining amount is invested in secure instruments following Board-approved policies. This disciplined fund management underscores the company’s commitment to strategic priorities and financial prudence, reinforcing confidence for shareholders.
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