Crizac to host virtual analyst meet on Sep 28 for investor interaction

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Crizac Limited to host analyst meet on September 28, 2026, at 1:00 pm
  • Session part of Bharat Connect Conference by Arihant Capital Markets
  • Interaction will be conducted virtually via video conference
  • Company confirms no unpublished price-sensitive info will be discussed
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Crizac Limited will hold a group interaction with analysts and investors on September 28, 2026, at 1:00 pm. The company confirmed the schedule in a regulatory filing dated September 21, 2026.

The session is part of the Bharat Connect Conference: Rising Stars- March 2026, organized by Arihant Capital Markets Ltd. Officials from Crizac will participate in the event through a virtual video conference.

Meeting Details

The interaction is scheduled under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that discussions will rely solely on publicly available information.

Date Time Event Mode
September 28, 2026 1:00 pm Bharat Connect Conference Virtual

Crizac stated it does not intend to discuss any unpublished price-sensitive information during the meet. The schedule remains subject to change due to exigencies on the part of the company or participants.

Kashish Arora, Company Secretary and Compliance Officer, signed the intimation filed with the National Stock Exchange of India Ltd and BSE Limited.

Historical Stock Returns for Crizac

1 Day5 Days1 Month6 Months1 Year5 Years
+1.59%-5.46%+1.09%-18.86%-50.10%-42.63%

What specific growth metrics or strategic initiatives is Crizac likely to highlight during the 'Rising Stars' segment of the Bharat Connect Conference?

How might the company's performance at this analyst interaction influence its stock valuation in the immediate weeks following September 28, 2026?

Given the virtual format, what are the key operational or financial updates Crizac plans to address that differ from their most recent quarterly earnings report?

Crizac Ltd reduces Edument stake to 36.80% in revised deal

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Crizac Limited reduced its proposed stake in Edument Consultancy to ~36.80% from ~37.41%
  • Aggregate consideration revised down to ₹1,23,73,290 from ₹1,24,76,944
  • Shareholder Chandra Shekhar Sharma withdrew consent to sell 107 CCPS
  • Company recovered ₹1,03,654 paid for the withdrawn shares
  • Disclosure filed under SEBI Regulation 30 on September 17, 2026
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Crizac Limited has revised its proposed acquisition of a stake in Edument Consultancy Private Limited, lowering the target holding to approximately 36.80% following a partial withdrawal by a seller.

The Kolkata-based company disclosed the update on September 17, 2026, citing that Mr. Chandra Shekhar Sharma, a shareholder of Edument, withdrew his consent to sell his holding of 107 compulsorily convertible preference shares (CCPS).

Transaction Revision Details

Consequently, Crizac will not proceed with the acquisition of these specific shares. The company stated that it has received back the consideration of ₹1,03,654 paid towards these 107 CCPS.

This development reduces the aggregate consideration for the entire transaction from ₹1,24,76,944 to ₹1,23,73,290. The revised deal involves the acquisition of 5,337 CCPS, down from the initially proposed 5,444 CCPS.

Metric Revised Figure Earlier Proposed Change
Aggregate Consideration ₹1,23,73,290 ₹1,24,76,944 Reduced
Shares to be Acquired 5,337 CCPS 5,444 CCPS -107 CCPS
Expected Post-Deal Stake ~36.80% ~37.41% Lowered

Upon completion of the transaction and the subsequent conversion of the acquired securities into equity shares, Crizac expects to hold approximately 36.80% of the fully diluted share capital of Edument.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It serves as an update to the company's earlier intimation dated June 15, 2026.

Crizac confirmed that except for the aforementioned change regarding the number of shares and consideration amount, there are no other changes to the transaction as previously disclosed.

Historical Stock Returns for Crizac

1 Day5 Days1 Month6 Months1 Year5 Years
+1.59%-5.46%+1.09%-18.86%-50.10%-42.63%

How might the reduced stake of 36.80% impact Crizac Limited's ability to exert strategic control or influence over Edument Consultancy's operations?

What are the potential reasons behind Mr. Chandra Shekhar Sharma's withdrawal, and does this signal broader disagreement among Edument's shareholders regarding the acquisition?

Will Crizac Limited attempt to renegotiate terms with other sellers to acquire additional shares and restore its originally targeted ownership percentage?

More News on Crizac

1 Year Returns:-50.10%