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Acquisition

Filed: 28 Oct 2026, 12:44 IST Exchange: NSE Category: Merger/Acquisition — Acquisition and Divestment
Board approved divestment of 14.18% stake in Medcords and 31.64% stake in Unnati Online via subsidiary SIHL; both had full impairment provisions and no FY26 revenue contribution. Sale agreements to be executed within 30 days; completion expected by Jan 27, 2027; consideration about Rs. 5000 each. Investment of Rs. 150 Cr planned in wholly owned subsidiary Redstart Labs over 18 months to meet working capital and explore opportunities. Audit Committee reconstituted with new member from Oct 29, 2026.
Source: Original filing PDF — view on exchange portal
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Revenue: ₹2,35,800 Cr (+12% YoY)
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EBITDA margin: 16.8%
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Important. The summary above is generated automatically from Info Edge (India) Limited's own public regulatory filing under SEBI LODR. Indian Stock Alerts is not a SEBI-registered Research Analyst or Investment Adviser. This page is informational, not investment advice, a recommendation to buy or sell any security, or any opinion about the company's business, governance or financial health. Always read the original filing before acting and consult a registered adviser for investment decisions.