Info Edge India : IEIL Reg 30 HUM

Date: August 24, 2022

1. The Manager- Listing
   National Stock Exchange of India Limited (Scrip Code: NAUKRI)
2. The Manager- Listing BSE Limited
   (Scrip Code: 532777)

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

This is to inform you that the Company has agreed to invest about Rs.7.5 Cr. in Happily Unmarried Marketing Private Limited, through its wholly-owned subsidiary. The details of the transaction are given as under:

Sl.	Particulars	Details
No.
1.	Name of the target entity, details in brief such as	Happily Unmarried Marketing Private Limited
	size, turnover etc.	("Happily Unmarried")
		Add.: A- 48, FIEE Complex, Okhla Phase- II New
		Delhi- 110020
		Turnover (As on 31.03.2022): Rs. 67.81 Cr
2.	Whether the acquisition would fall within	Since Happily Unmarried is an Associate company of the
	related party transaction(s) and whether the	Company, it is a Related party.
	promoter/promoter group/ group companies
	have any interest in the entity being acquired? If	Promoters of the Company have no interest in the said
	yes, nature of interest and details thereof and	investment.
	whether the same is done at "arm's length"
		The transaction is done at Arm's Length basis.
3.	Industry to which the entity being acquired	Happily Unmarried is engaged in the business of personal
	belongs	care, under the brand "Ustraa" and "HU Girls" and any
		other brand which the Company may launch in the future
		and excludes the existing home accessory businesses
		conducted under the brand "Happily Unmarried".
4.	Objects and effects of acquisition (including but	As part of company's strategic investments, the
	not limited to, disclosure of reasons for	investment would help the Company to consolidate its
	acquisition of target entity, if its business is	position into the said line of business within the Internet
	outside the main line of business of the listed	Services Industry.
	entity.
5.	Brief details of any governmental or regulatory	Not Applicable.
	approvals required for the acquisition
6.	Indicative time period for completion of	Immediate
	acquisition
7.	Nature of Consideration- whether cash	Cash Consideration
	consideration or share swap and details of the
	same.

8.	Cost of acquisition or the price at which the		About Rs.7.5 Cr.
	shares are acquired.
9.	Percentage of shareholding/control acquired		The Company has agreed to acquire 875 Series I Non-
	and/ or number of shares acquired.		Cumulative Compulsorily Convertible Preference Shares.
			The aggregate shareholding of the Company, post this
			investment together with previous investments, in the said
			entity would be 30.57% on a fully converted and diluted
			basis
10.	Brief background about the entity acquired in		Happily Unmarried was incorporated on August 17, 2007.
	terms of products/line of business acquired, date		Happily Unmarried is engaged in the business of personal
	of incorporation, history of last 3 years turnover,		care, under the brand "Ustraa" and "HU Girls" and any
	country in which the acquired entity has		other brand which the Company may launch in the future
	presence and any other significant information		and excludes the existing home accessory businesses
	(in brief).		conducted under the brand "Happily Unmarried".
			Last three years turnover: (Rs. in crores)
			2021-2022	2020-2021		2019-2020
			67.81	40.03		60.03

This is for your information and records.

Thanking You.

Yours faithfully,

For Info Edge (India) Ltd.

Chintan Thakkar

Whole-time Director & CFO