13-Oct-2026 13:27:38

NAUKRIAcquisition and merger

NAUKRI : TO INVEST RS 100 CR EACH IN TWO WHOLLY OWNED SUBSIDIARIES

• Board approved investment of about ₹100 Cr each in wholly owned subsidiaries Startup Internet Services Limited (SISL) and Startup Investments (Holding) Limited (SIHL) • For SISL: agreed to acquire 20,000,000 equity shares at ₹10 face value for ~₹20 Cr; balance ~₹80 Cr to be infused in tranches within 1 year • For SIHL: agreed to acquire 83,94,895 equity shares at ₹10 face value at ₹19.78 premium for ~₹25 Cr; balance ~₹75 Cr in tranches within 1 year • Both investments are cash consideration; SISL and SIHL to remain wholly owned subsidiaries post infusion • Purpose: help SISL and SIHL explore investment opportunities including contribution to AIF(s) and other general purposes • SISL FY26: turnover Nil, PAT ₹1.77 Cr, networth ₹5.45 Cr; SIHL: turnover Nil, PAT -₹0.02 Cr, networth ₹203.31 Cr (as on March 31, 2026)

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