Crizac Limited has partnered with ETS India to expand access to authorised TOEFL and GRE preparation resources for more than one lakh study abroad aspirants across India. The strategic collaboration, announced on July 13, 2026, combines ETS's globally recognised assessment expertise with Crizac's extensive student network to improve access to official preparation resources for students pursuing higher education abroad. This partnership addresses the growing demand for credible admissions support as the number of Indian students pursuing overseas education continues to rise beyond metropolitan centres.

The collaboration leverages Crizac's technology-enabled recruitment ecosystem, which includes over 14,000 student recruitment partners in 85 countries and relationships with more than 500 universities in 14 countries. By embedding official ETS preparation resources across this network, the initiative aims to strengthen the quality of student guidance and support approximately 4,00,000 student applications annually. The partnership is designed to help students prepare more effectively for university admissions by providing trusted learning materials alongside expert counselling.

Strategic Impact and Expansion

The partnership reflects a structural shift in India's international education ecosystem, particularly in Tier II and Tier III cities where demand for trusted counselling and official preparation resources is growing rapidly. The TOEFL iBT test is accepted at more than 13,000 institutions across over 160 countries. By integrating these resources into Crizac's platform, the collaboration seeks to broaden access to high-quality preparation and a wider range of global education opportunities for Indian students.

As part of its investment in India, ETS plans to expand its network of official test centres from more than 65 to 100 over the next year. Additionally, ETS will strengthen its presence in Eastern India by establishing a third authorised test centre in Kolkata in 2027 in collaboration with Crizac, complementing the two existing centres in the city.

Key Partnership Metrics

Executive Commentary

"India continues to be one of the world's most dynamic study abroad markets, and students today are making more informed, purpose-driven choices about their international education. Through our partnership with Crizac, we are extending that commitment to more students across India by making authorised TOEFL and GRE preparation resources more accessible," said Karan Lalit, Executive Director, South Asia, TOEFL & GRE, ETS.

"At Crizac, we believe talent should never be limited by access. Our partnership with ETS brings authorised TOEFL and GRE preparation resources to Indian students, backed by a shared commitment to scholarships and financial support for those who need it most. Nearly a lakh students stand to benefit – and for us, that's a lakh stories of ambition we get to support," said Dr. Vikash Agarwal, Chairman & Managing Director, Crizac Limited.

Crizac Ltd disclosed that its promoter, Vikash Agarwal, held 13,98,80,460 equity shares as of March 31, 2026. The filing confirms that the promoter and promoter group did not create any encumbrance on these shares, directly or indirectly, during the financial year ended March 31, 2026. This information was submitted to the National Stock Exchange of India Ltd and BSE Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

The disclosure provides a snapshot of the promoter's holding position at the end of FY26. The company stated that the shares are held free of any encumbrance, which implies that the promoter has not pledged these shares to secure loans or other obligations during the specified period.

Regulatory Compliance

The disclosure was formally submitted by Kashish Arora, Company Secretary and Compliance Officer of Crizac Ltd. The letter, addressed to the exchanges, requested that the information be updated in their records. The promoter's declaration, dated April 6, 2026, was received by the company and subsequently forwarded to the exchanges on April 7, 2026.