Crizac Board Approves ₹100.02 Million Investment for 51.04% Stake in Global Tree

Crizac Limited has made a significant strategic move in the education sector with its board formally approving the acquisition of a majority stake in Global Tree Careers Private Limited on January 7, 2026. The investment decision, announced under Regulation 30 of SEBI Listing Regulations, marks a major expansion initiative for the company as it seeks to strengthen its position in the education market.

Investment Details

The board-approved transaction involves substantial financial commitment and strategic positioning for Crizac:

Parameter:	Details
Stake Acquisition:	51.04%
Target Company:	Global Tree Careers Private Limited
Primary Investment:	₹100.02 million
Investment Structure:	Primary infusion + Secondary purchase
Completion Timeline:	March 31, 2026

Acquisition Structure

The investment will be executed through a two-pronged approach combining primary capital infusion and secondary share purchases:

Component:	Shareholding	Investment Details
Primary Infusion:	24.20%	₹100.02 million through fresh share issue
Secondary Purchase:	26.84%	3,541 shares from existing shareholders
Total Stake:	51.04%	Controlling interest acquisition

The primary infusion involves issuing new shares at ₹31,345 per share, while the secondary purchase consideration will depend on Global Tree Careers' future performance.

Target Company Profile

Global Tree Careers Private Limited operates as a B2C-focused education consultancy firm providing overseas education, immigration consultancy, and training solutions. The company, incorporated on June 10, 2015, has established a strong brand presence in Telangana and Andhra Pradesh.

Financial Metric:	Amount (₹)
Assets Size (FY25):	29.80 crores
Turnover (FY25):	25.97 crores
Turnover (FY24):	31.35 crores
Turnover (FY23):	25.07 crores

Strategic Significance

The acquisition provides Crizac with controlling interest in Global Tree Careers, enabling strategic decision-making and operational direction. This majority ownership structure positions Crizac to integrate Global Tree Careers' operations with its existing business framework while maintaining significant control over the subsidiary's growth trajectory. The transaction represents Crizac's commitment to expanding its footprint in the education sector through targeted investments, subject to customary conditions precedent and regulatory approvals.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.03%	-4.71%	-1.48%	-12.15%	-12.15%	-12.15%

Crizac Limited , a prominent company listed on Indian stock exchanges, has announced changes to the board of directors of its material foreign unlisted subsidiary, Crizac Ltd (UK). The company has made these changes in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Board Changes

Particulars	Details
Appointment	Christopher Flood Nagle
Resignation	Gaurav Agarwal
Effective Date	30th October 2025
Subsidiary	Crizac Ltd (UK)
Country of Incorporation	England

Appointment Details

Christopher Flood Nagle has been appointed as a director of Crizac Ltd (UK). Nagle currently serves as the Chief Executive Officer of Crizac Ltd (UK) since March 21, 2024. He holds a Bachelor of Arts degree in European Social and Political Studies from University College London.

Nagle's appointment is currently under process with the regulatory authority.

Resignation

Gaurav Agarwal has resigned from his position as a director of Crizac Ltd (UK). The company stated that Agarwal's resignation was due to preoccupation, and it has been accepted by the board.

Compliance and Disclosure

Crizac Limited has made this announcement in adherence to the SEBI Listing Regulations. The company has informed both the National Stock Exchange of India Ltd and BSE Limited about these changes.