Consumer Service
Info Edge’s Jeevansathi To Infuse INR 30 Cr In Its Subsidiary Aisle
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SUMMARY
Jeevansathi will acquire 12,293 equity shares having a face value of INR 10 each and at a premium of INR 24,388.19, for the abovementioned sum
The fresh capital will be used to meet the working capital requirements of Aisle
Post the investment, Info Edge’s shareholding in Aisle would be 92.83% on a fully converted and diluted basis from its 89.17% stake currently
Info Edge-owned matrimonial portal Jeevansathi is set to infuse INR 30 Cr (around $3.5 Mn ) into its wholly-owned subsidiary Aisle
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