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Info Edge (India) transfers investments to wholly owned subsidiaries

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Capital Market
Last Updated : Apr 01 2016 | 11:13 AM IST

On 31 March 2016

Info Edge (India) has transferred its investment in the following Investee Companies to its wholly owned subsidiaries -

Happily Unmarried - entire investment has been transferred at cost.

Applect Learning Systems - about 95% of the investment has been transferred at cost.

Kinobeo Software - about 50% of the investment has been transferred at cost.

Canvera Digital Technologies - the entire investment has been transferred at residual cost of acquisition as appering in the books of the Company for about Rs 24.37 crore.

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First Published: Apr 01 2016 | 10:39 AM IST

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