NSEGeneral Updates1d ago · 17 Sept 2026, 03:15 pm

General Updates

Crizac Limited · CRIZAC

✦ AI SummaryFundraise

Crizac Limited has revised its proposed acquisition of Compulsory Convertible Preference Shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited, following a shareholder's withdrawal of consent for sale. The aggregate consideration for the acquisition has been revised from ₹1,24,76,944/- to ₹1,23,73,290/-.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Crizac Limited has informed the Exchange about regard to disclosure dated June 15, 2026 on proposed Acquisition of Compulsory Convertible Preference Shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited.

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CRIZAC0301_17092026151513_Reg_30__chandrashekhar.pdf

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Date: September 17, 2026 To To National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers Dalal Bandra Kurla Complex, Bandra (E), Street Mumbai – 400001 Mumbai 400051 Scrip Code: 544439 Symbol: CRIZAC Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update to Earlier Disclosure dated June 15, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our disclosure dated 15 June 2026, we wish to inform you that there has been a revision in the transaction earlier disclosed by the Company in relation to the proposed investment in Edument Consultancy Private Limited (“Edument”). Subsequently, Mr. Chandra Shekhar Sharma, one of the shareholders of Edument, has withdrawn his consent for sale of 107 CCPS, amounting to ₹1,03,654/-, held by him. Accordingly, the acquisition of the said 107 CCPS shall not be undertaken. The consideration of ₹1,03,654/- paid by the Company towards the said 107 CCPS has been received back by the Company. Consequently, the aggregate consideration for the acquisition stands revised from ₹1,24,76,944/- to ₹1,23,73,290/-. Upon completion of the transaction and conversion of the acquired securities into equity shares, the Company is expected to hold approximately 36.80% of the fully diluted share capital of Edument, based on the acquisition of 5,337 CCPS, as against 37.41% based on the earlier proposed acquisition of 5,444 CCPS. Except for the aforesaid change, there is no other change in the transaction as previously disclosed. Thanking you, For Crizac Limited Kashish Arora Company Secretary and Compliance Officer Membership no: A38644 (033) 3544-1515 info@crizac.com www.crizac.com