Info Edge (India) Ltd approves exits from Medcords and Unnati Online for about ₹5,000 each and investment of up to ₹150 crore in Redstart Labs.
- Divestments cover 14.18% of Medcords and 31.64% of Unnati Online; completion is expected by January 27, 2027.
- Both investments were fully impaired; Medcords will cease to be a joint venture and Unnati Online an associate.
- Redstart Labs investment may be made in one or more tranches; Naresh Chand Gupta joins the Audit Committee effective October 29, 2026.
Original Filing: https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=070383ba-f71f-473e-a9b2-9c5aa514ca9a.pdf