Info Edge Investigates Whistleblower Complaint in 99acres Real Estate Unit
Info Edge (India) Limited has received a whistleblower complaint alleging policy violations in its 99acres real estate business. The company's board has appointed an external law firm to conduct a thorough investigation, with no financial impact reported so far.
Info Edge99acresWhistleblower ComplaintReal EstateCorporate GovernanceReal Estate NewsSep 13, 2025
In a filing on Saturday, the company stated that the matter has been taken up by its Audit Committee and Board of Directors. They have appointed a specialist law firm to conduct an independent and comprehensive investigation into the allegations.
The company emphasized that, at present, there is no material impact on its financial statements. The complaint will be handled in line with its whistleblower policy, which is available on its website.
Info Edge, best known for its flagship job portal Naukri.com and real estate platform 99acres.com, has previously highlighted its commitment to corporate governance and compliance. By appointing an external legal adviser, the company has signaled its intent to maintain transparency in the process.
On Friday, shares of Info Edge (India) Ltd closed at ₹1,363.40 on the NSE, down 0.62%. The company's proactive approach to addressing the complaint underscores its dedication to maintaining high standards of corporate integrity and transparency in all its operations.
The investigation is expected to provide clarity on the allegations and help the company take any necessary corrective actions to ensure that all policies and procedures are strictly followed. Info Edge's commitment to transparency and accountability will likely reassure investors and stakeholders during this process.
Frequently Asked Questions
What is the whistleblower complaint about?
The whistleblower complaint alleges policy violations by certain employees in the 99acres real estate business vertical of Info Edge (India) Limited.
What steps has Info Edge taken to address the complaint?
Info Edge has appointed an external law firm to conduct an independent and comprehensive investigation into the allegations. The matter has been taken up by its Audit Committee and Board of Directors.
Has the complaint had any financial impact on Info Edge?
At present, there is no material impact on Info Edge's financial statements, according to the company's disclosure.
What other platforms does Info Edge operate besides 99acres?
Info Edge operates several platforms, including Naukri.com, a leading job portal, and Jeevansathi.com, a matrimonial platform.
How has the stock price of Info Edge been affected by this news?
On Friday, shares of Info Edge (India) Ltd closed at ₹1,363.40 on the NSE, down 0.62%. The stock price movement suggests that the market is closely monitoring the situation.
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