CRISIL Limited, a leading global analytics company, has made a significant move to support its international operations by approving a line of credit for its wholly owned subsidiary in the United Kingdom. The company disclosed this development in a filing to the stock exchanges on September 9, 2025.

Credit Facility Details

CRISIL Limited has approved a line of credit of up to USD 30.00 million for Crisil Irevna UK Limited, its wholly owned subsidiary. This credit facility is designed to be flexible, allowing utilization in one or more tranches to support the subsidiary's general business needs and strategic initiatives.

Key Points of the Agreement

• Purpose: The credit line is intended to support Crisil Irevna UK Limited's general business needs and strategic initiatives.
• Loan Agreement Date: The loan agreement was signed on September 9, 2025.
• Nature of Transaction: The agreement is structured as an arm's length related party transaction.
• Current Loan Status: As of the announcement date, there are no outstanding loans from Crisil Irevna UK Limited.
• Security: No security is being provided for this credit line.
• Special Rights: The agreement does not include any special rights such as director appointment rights or share subscription preferences.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CRISIL Limited has provided detailed information as required by the regulatory guidelines, ensuring transparency in its dealings with its subsidiary.

Implications for CRISIL's International Operations

This credit facility underscores CRISIL's commitment to supporting its international operations, particularly in the United Kingdom. By providing financial backing to Crisil Irevna UK Limited, the parent company is positioning its subsidiary to pursue growth opportunities and strategic initiatives in the UK market.

The move reflects CRISIL's confidence in its UK operations and its strategy to strengthen its global presence. As a wholly owned subsidiary, Crisil Irevna UK Limited plays a crucial role in CRISIL's international business landscape, and this credit line is likely to enhance its operational flexibility and capacity for growth.

Investors and stakeholders will be keen to observe how this financial support translates into business expansion and potential revenue growth for CRISIL's UK operations in the coming months and years.

CRISIL Limited, a leading global analytics company, has announced the incorporation of a new step-down subsidiary named 'Crisil Canada Inc' in Canada. This development comes after receiving approval from the Board of Directors of Crisil Irevna UK Limited, an existing subsidiary of CRISIL Limited.

Key Details of the New Subsidiary

• Name: Crisil Canada Inc
• Location: Canada
• Ownership: 100% owned by Crisil Irevna UK Limited
• Industry Focus: Research, Benchmarking, Pricing Analytics solutions, Advisory Services, Consulting, Risk services & solutions, Data Analytics and allied services

Strategic Implications

The establishment of Crisil Canada Inc is expected to complement CRISIL's existing portfolio of products and expand its offerings to new markets and client segments. This move aligns with the company's strategy to strengthen its global presence and enhance its service capabilities.

Regulatory Compliance

CRISIL has made the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the BSE Limited and the National Stock Exchange of India Ltd. about this development.

Timeline and Approvals

• The Board of Directors of Crisil Irevna UK Limited approved the incorporation.
• Crisil Canada Inc was officially incorporated following intimation from regulatory authorities.
• The entire process, from approval to incorporation, was completed within the stipulated timeframe of three months.

Financial Aspects

While specific financial details have not been disclosed, Crisil Irevna UK Limited will be paying cash consideration towards the subscription of 100% shareholding in Crisil Canada Inc.

This strategic move by CRISIL underscores the company's commitment to expanding its global footprint and enhancing its service offerings in the analytics and risk solutions sector. The establishment of Crisil Canada Inc is expected to create new opportunities for the company in the North American market.