Crisil Shareholders Overwhelmingly Approve Dinesh Khara's Appointment as Independent Director

CRISIL , a leading analytics and risk solutions provider, has successfully concluded its postal ballot process, resulting in the appointment of Mr. Dinesh Khara (DIN: 06737041) as an Independent Director. The shareholders of the company showed strong support for this decision through a special resolution passed via e-voting.

Voting Results

The e-voting process, which ran from September 26 to October 25, saw a significant turnout with 88.50% of the total shares participating. The results were as follows:

Category	Votes Polled	Votes in Favor	Votes Against	% in Favor
Promoter and Promoter Group	4,87,32,586	4,87,32,586	0	100.00
Public Institutions	1,17,33,204	1,16,82,798	50,406	99.57
Public Non-Institutions	42,55,657	42,54,755	902	99.98
Total	6,47,21,447	6,46,70,139	51,308	99.92

Key Details of the Postal Ballot

Cut-off Date: September 19
Total Eligible Shareholders: 73,693
Voting Period: September 26 (9:00 AM) to October 25 (5:00 PM)
Scrutinizer: Mr. S.N. Vishwanathan, Practicing Company Secretary

Outcome and Implications

The special resolution for Mr. Khara's appointment was passed with an overwhelming majority, securing 99.92% of the votes in favor. This strong endorsement from shareholders across all categories - promoters, institutions, and individual investors - reflects a high level of confidence in Mr. Khara's potential contribution to CRISIL's board.

The appointment of Mr. Dinesh Khara as an Independent Director is expected to bring valuable insights and expertise to CRISIL's governance structure. As an Independent Director, Mr. Khara will play a crucial role in providing objective oversight and strategic guidance to the company.

CRISIL Limited has stated that the voting results and the scrutinizer's report will be made available on the company's website ( www.crisil.com ) and on the National Securities Depository Limited (NSDL) website ( www.evoting.nsdl.com ) for public reference.

This development underscores CRISIL's commitment to maintaining robust corporate governance practices and ensuring diverse perspectives at the board level. The high participation rate in the e-voting process also demonstrates the active engagement of CRISIL's shareholders in key corporate decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.50%	-0.67%	+11.10%	+10.70%	-9.96%	+140.41%

CRISIL , a global analytics and insights-driven organization, has announced its strategic plans to maintain a double-digit growth trajectory while simultaneously strengthening its global analytics and artificial intelligence (AI) capabilities. This ambitious strategy comes amid prevailing economic uncertainty, highlighting the company's confidence in its core strengths and future prospects.

Growth Strategy and Market Position

CRISIL's growth strategy is multifaceted, focusing on:

Expanding Analytics and AI Capabilities: The company is investing in enhancing its global analytics and AI capabilities, positioning itself at the forefront of technological advancements in the financial services sector.
Maintaining Market Leadership: CRISIL Ratings has maintained its leadership in corporate bond ratings, showcasing the company's strong position in the Indian market.
Global Expansion: The Global Analytics Centre (GAC) continues to see growth, driven by new engagements with S&P Global, indicating CRISIL's expanding international presence.

Financial Performance

CRISIL's recent financial results reflect its robust performance:

Metric	Q3 2025	Growth (Y-o-Y)
Income from Operations	₹911.20 crore	12.20%
Profit Before Tax (PBT)	₹262.30 crore	14.80%
Profit After Tax (PAT)	₹193.10 crore	12.60%

This strong financial performance underscores CRISIL's resilience and ability to grow even in challenging economic conditions.

Strategic Acquisitions and Partnerships

CRISIL has announced the acquisition of McKinsey PriceMetrix Co. to strengthen its global benchmarking offerings. This strategic acquisition is expected to expand CRISIL's capabilities in the wealth management segment, with the transaction set to be completed in the coming months.

Segment Performance

CRISIL's business segments have shown varied performance:

Ratings Services: Revenue grew by 6.60% year-on-year in Q3 2025, maintaining leadership in corporate bond ratings.
Research, Analytics and Solutions: This segment saw a 12.70% growth in income from operations in Q3 2025, with significant traction in buy-side solutions, data analytics, consulting, and risk solutions.

Future-Ready Initiatives

CRISIL is focusing on driving sustainable growth through:

Domain-led AI Solutions: Investing in AI capabilities to enhance its service offerings.
Talent Development: Investing in future-ready talent to stay ahead in the competitive landscape.

Market Environment

Despite the challenging global economic environment, CRISIL's growth plans are supported by several positive factors in the Indian market:

Robust corporate balance sheets and buoyant primary capital markets.
Steady GDP growth expectation of 6.50% for the current fiscal year.
Growing assets under management (AUM) in the Indian mutual fund industry, reaching ₹7,827.00 crore in Q3 2025.
Declining gross NPAs in the Indian banking sector, projected to be around 2.20-2.30% in FY26.

While CRISIL faces a complex global economic landscape, its strategic focus on analytics, AI, and expansion, coupled with its strong market position and financial performance, positions the company well for achieving its ambitious growth targets. The company's ability to adapt and innovate in response to market challenges will be crucial in realizing its double-digit growth aspirations.