India, Sept. 15 -- Naukri parent Info Edge has received a whistle-blower complaint alleging violation of company policies by certain employees of its real estate business vertical 99acres.

In an exchange filing, Info Edge said it has engaged the services of a law firm to probe the allegations. "The audit committee and board of directors have appropriately noted the contents of the allegations and mandated a reputed specialist law firm to independently and comprehensively investigate the matter," it said.

While Info Edge didn't give details about the allegations, it said that the law firm's assessment is ongoing and there is no material impact on the company's financial statements.

Shares of Info Edge were volatile in the early morning ...