Info Edge India : IEILCCM Proceedings Unsecured Creditors

Date: 13th April, 2021

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

Summary of Proceedings of the Meeting of the Unsecured Creditors of Info Edge (India) Ltd. held on Monday, 12th April, 2021 at 4.00 P.M. through Video Conferencing, convened pursuant to the Order of the Hon'ble National Company Law Tribunal, Principal Bench, New Delhi

Mr Rajeev K Goel, Legal Counsel of Info Edge (India) Ltd. ("the Company"/"the Transferee Company") introduced himself. Mr Goel gave a warm welcome and informed that the meeting has been convened under the supervision of the Hon'ble National Company Law Tribunal, Principal Bench, New Delhi (NCLT) in terms of the Order dated 10th February, 2021 through Video Conferencing (VC). He further stated that NCLT has appointed Mr Rajeev Kumar, Advocate, Ms Pragya Hindol, Advocate and Ms Mallika Tayal, Company Secretary as the Chairperson, Alternate Chairperson and the Scrutinizer, respectively, of the meeting.

Mr Rajeev Kumar, Advocate took the Chair and presided over the proceedings of the meeting through VC. Link Intime India Pvt Ltd, a SEBI registered Registrar and Transfer Agent (RTA) which was appointed to provide E-voting and the VC Platform, gave the attendance in the meeting.

It was informed that the NCLT has fixed the quorum for the meeting of Unsecured Creditors as minimum 25 in number in person. However, at the scheduled time of the meeting at 4:00 P.M., the requisite quorum was not present. The meeting was, accordingly, adjourned for half an hour in terms of the Order passed by this Hon'ble Tribunal. The meeting was re-convened at 4:30 P.M. after the aforesaid adjournment. In terms of the Order passed by this Hon'ble Tribunal, the persons present in the re-convened meeting were treated as the proper quorum.

The Chairperson briefed about the agenda of the meeting. He informed that the Meeting was convened in terms of the Order dated 10th February, 2021, passed by the Hon'ble National Company Law Tribunal, Principal Bench, New Delhi, in CA (CAA) 127 (PB) of 2020, the applicable provisions of the Companies Act, 2013, and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the purpose of considering and, if thought fit, approving, the proposed Scheme of Amalgamation of Highorbit Careers Pvt. Ltd. with Info Edge (India) Ltd., and other connected matters, if any. With the permission of the meeting, Notice of the Meeting and other papers were taken as read.

The Chairperson placed the proposed resolution to consider and if deem fit to pass the proposed Scheme of Amalgamation of Highorbit Careers Pvt. Ltd. with Info Edge (India) Ltd. and other connected matter, if any, before the meeting and invited queries and comments from the Unsecured Creditors. No queries were raised by any of the Unsecured Creditors.

Procedure for E-voting was explained in the meeting. It was informed that facility of Remote E-voting was made available during the prescribed period before the meeting, viz, Thursday, 8th April, 2021 to Sunday, 11th April, 2021. It was further informed that all the Unsecured Creditors who were attending the meeting and had not cast their vote through Remote E-voting, may cast their vote through E- voting during the meeting. The Chairman requested the Unsecured Creditors, who were present at the meeting but had not cast their votes through remote E- voting, to cast their vote at the meeting.

Thereafter, the following business was transacted at the meeting:

• Approval of the Scheme of Amalgamation of Highorbit Careers Pvt. Ltd. with Info Edge (India) Ltd. and other connected matters, if any.

The meeting was informed that the results on the resolution deemed to be passed on the date of the Meeting, will be declared by the Chairperson upon receipt of the Scrutinizer's Report from the Scrutinizer and the same along with the Scrutinizer' Report will be placed on the website of the Company at http://www.infoedge.in, on the website of Link Intime India Private Limited at https://instavote.linkintime.co.inand will also simultaneously be forwarded to BSE Limited (BSE) at https://www.bseindia.com/and National Stock Exchange of India Limited (NSE) at https://www.nseindia.com/, where the shares of the Company are presently listed.

Mr Rajeev Goel, Legal Counsel proposed a hearty vote of thanks to the Unsecured Creditors for attending the meeting and also thanked the Chairman and other Dignitaries. The Meeting concluded at 5.05 P.M. However, the E-voting facility remained open till 6:00 P.M.

This is for your kind information and record please.

Thanking You,

Yours Sincerely,

For Info Edge (India) Ltd.

Murlee Manohar Jain

Company Secretary