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.

Crisil Limited reported a 26.2% year-on-year increase in consolidated net profit to ₹216.46 crore for the quarter ended June 30, 2026, driven by strong performance across its Ratings and Research, Analytics & Solutions segments. Revenue from operations rose 27.5% to ₹1,075.39 crore from ₹843.02 crore in the same period last year. EBITDA for the quarter stood at ₹308 crore compared to ₹240 crore in the prior year period, with the EBITDA margin improving to 28.64% from 28.32% year-on-year. The Board of Directors approved the unaudited financial results and declared an interim dividend of ₹10 per equity share of face value ₹1 each, payable on or before August 5, 2026, for the financial year ending December 31, 2026.

Financial Performance

The following table outlines the key financial metrics for the quarter and half year ended June 30, 2026:

Standalone net profit for the quarter declined to ₹166.31 crore from ₹194.24 crore, primarily due to a decrease in dividend income from subsidiaries to ₹101.00 crore from ₹129.96 crore in the prior year period. Total consolidated expenses increased to ₹816.69 crore in Q1 from ₹641.58 crore, largely attributed to higher employee benefit expenses of ₹576.94 crore and professional fees of ₹42.27 crore.

Segment Performance

The Research, Analytics & Solutions segment led revenue growth for the quarter, while the Ratings services segment also posted a strong improvement. The table below summarises segment-wise revenue and operating profit:

For the half year ended June 30, 2026, the Ratings services segment contributed ₹627.75 crore and the Research, Analytics & Solutions segment contributed ₹1,506.48 crore to total revenue from operations.

Balance Sheet Highlights

As at June 30, 2026, consolidated total assets stood at ₹5,023.67 crore compared to ₹4,631.94 crore as at December 31, 2025. Total equity increased to ₹3,271.36 crore from ₹3,033.44 crore. Cash and cash equivalents on a consolidated basis rose to ₹397.58 crore from ₹320.13 crore at the previous year-end. Net cash generated from consolidated operating activities for the half year stood at ₹314.04 crore, compared to ₹204.51 crore in the corresponding prior period.

Board Changes

The Board announced significant changes in its composition. Mr. Saugata Saha (DIN: 10496237) resigned as Non-executive Director effective from the close of business hours on July 21, 2026, consequent to his decision to leave S&P Global Inc. In a strategic move, the Board appointed Mr. Abhishek Tomar (DIN: 07093852) as an Additional Director (Non-executive) effective July 22, 2026, subject to shareholder approval. Mr. Tomar is the Head of Data for S&P Global's Enterprise Data Organization and serves on both the EDO Operating Committee and the S&P Global Energy Operating Committee. He brings more than 20 years of experience across data, operations, and financial services, and previously served as Chief Data Officer for S&P Global Market Intelligence and Managing Director, India Operations, where he led a workforce of more than 8,000 employees. Mr. Tomar is not related to any of the Directors of the Company.

Audit and Compliance

The financial results were reviewed by the Audit Committee at its meeting held on July 20, 2026, and subsequently approved by the Board of Directors on July 21, 2026. The independent auditor's review report was issued by Walker Chandiok & Co LLP, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors noted that the interim financial results of 2 subsidiaries, reflecting total assets of ₹1,411.54 crore as at June 30, 2026 and total revenues of ₹353.73 crore and ₹718.54 crore for the quarter and six-month period respectively, were reviewed by other auditors, whose reports were relied upon for the consolidated conclusion.