Crisil Limited has completed the amalgamation of its wholly owned step-down subsidiaries, Crisil Canada Inc. and Crisil PriceMetrix Inc., consolidating them into a single entity effective August 1, 2026. The company received the Certificate of Amalgamation on August 5, 2026, confirming that all formalities related to the restructuring have been finalized. This consolidation simplifies the corporate structure for these specific international units.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as an update to a previous intimation issued on July 21, 2026, which had announced the proposed amalgamation of the two entities. The filing confirms that the legal process has concluded without any reported delays or regulatory hurdles.

Key Details of the Amalgamation

Both subsidiaries were wholly owned step-down subsidiaries of the parent company prior to the merger. The surviving entity continues to operate under the name Crisil PriceMetrix Inc. The certificate was received by the company on August 5, 2026, marking the final administrative step in the process.

Structural Implications

The amalgamation represents a routine corporate restructuring exercise aimed at streamlining operations within the subsidiary layer. By merging Crisil Canada Inc. into Crisil PriceMetrix Inc., the company reduces the number of distinct legal entities it maintains in its international portfolio. Such consolidations are common for multinational firms seeking to optimize governance frameworks and reduce administrative overheads associated with maintaining multiple standalone entities.

The move does not appear to impact the operational scope of the combined entity, as the surviving name retains the "PriceMetrix" branding, suggesting continuity in its core business activities. The completion of this formalities ensures compliance with local jurisdictional requirements where the subsidiaries are incorporated.

Minal Bhosale, Company Secretary & Head - Legal at Crisil Limited, signed the disclosure filed with the National Stock Exchange of India Ltd. and BSE Limited. The filing explicitly states that all formalities relating to the amalgamation have been completed, leaving no pending actions required from the shareholders or regulatory bodies regarding this specific transaction.

crisil Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Abhishek Tomar as a Non-executive Director. The resolution aims to regularize his tenure on the Board after his initial appointment as an Additional Director on July 22, 2026, in accordance with Section 161 of the Companies Act, 2013. This move strengthens the company’s governance structure by integrating a senior executive with extensive experience in data operations and financial services from its parent ecosystem.

The e-voting facility is available exclusively through National Securities Depository Limited (NSDL). Eligible shareholders are those whose names appear in the Register of Members or List of Beneficial Owners as received from NSDL and Central Depository Services (India) Limited (CDSL) as of the cut-off date, July 31, 2026. The voting window opens at 9:00 a.m. IST on August 7, 2026, and closes at 5:00 p.m. IST on September 5, 2026. Results will be announced on or before September 8, 2026, following scrutiny by appointed Practising Company Secretary S. N. Viswanathan.

Director Profile and Expertise

Abhishek Tomar (DIN: 07093852) brings over 20 years of experience in data, operations, and financial services. He currently serves as the Head of Data for S&P Global's Enterprise Data Organization (EDO), where he leads data operations, business partnerships, and quality stewardship. His role involves driving AI enablement and enterprise data transformation across the organization. Previously, he served as Chief Data Officer for S&P Global Market Intelligence and Managing Director of India Operations, overseeing a workforce of more than 8,000 employees.

Tomar holds a Bachelor’s degree in Commerce from Delhi University and an MBA from NIILM Centre for Management Studies. He is also an active member of the National Executive Board of the American Chamber of Commerce (AMCHAM) in India. Upon appointment, he will serve on the Audit Committee and Risk Management Committee of the Board.

Voting Details and Regulatory Compliance

The postal ballot is conducted pursuant to Regulation 44 of the SEBI Listing Regulations and Section 110 of the Companies Act, 2013. No physical ballots are being distributed; all voting must be conducted electronically. Institutional shareholders are required to submit scanned copies of relevant Board Resolutions or authority letters to the Scrutiniser.

Shareholders can access the e-voting system via NSDL’s website using their demat account credentials or physical folio numbers. For technical assistance, NSDL and CDSL have provided dedicated helpdesk contacts. The Company Secretary, Minal Bhosale, confirmed that all documents related to the ballot are available for inspection on the company’s website during business hours until the voting period concludes.