The company aims to use the proceeds from the fresh issue for investment in Scootsy, for repayment or its borrowings, expansion of dark store network for quick commerce segment through setting up of dark stores and making lease / licence payments for dark stores
Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect next
Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-year to Rs 490