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Info Edge Board Approves Transfer of Gramophone Stake to Unnati in ₹126.71 Crore Deal

Info Edge Board Approves Transfer of Gramophone Stake to Unnati in ₹126.71 Crore Deal

Info Edge announced board approval for transferring its entire 50.94% stake in Gramophone to Unnati for ₹91.71 crores, combined with an additional ₹35 crores investment in Unnati. The strategic restructuring will result in SIHL holding 20.53% stake in the fintech-based agricultural platform, with transaction completion expected within 90 days.

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