iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Info Edge (India) board approves investment of Rs300 crore in SIHL

16 Aug 2022 , 01:05 PM

Info Edge (India) Ltd has informed that the Company has agreed to invest an amount of Rs300 crore in Startup Investments (Holding) Ltd., wholly owned subsidiary of the Company.
As per the filing, the Company already holds 100% stake in SIHL on a fully converted and diluted basis. Accordingly, the transaction is done at Arm’s Length basis.
SIHL is engaged in the business of being a holding and investment Company, Info Edge said in a official statement.
The present investment would help the wholly-owned subsidiary SIHL to explore investment opportunities including contribution to AIF(s) managed by Smartweb Internet Services Limited.

At around 1:01 PM, Info Edge (India) Ltd was currently trading at Rs4,415 per share down by Rs16.35 or 0.37% from its previous closing of Rs4,431.35 per share on the BSE.

Related Tags

  • incorporation
  • Info Edge (India) Ltd
  • Info Edge (India) Ltd acquisition
  • Info Edge (India) Ltd shares
  • Info Edge (India) Ltd stocks
  • investment
  • SIHL
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.