BSECompany Update3d ago · 27 Jul 2026, 02:19 pm
Intimation of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Acquisition by the Wholly owned subsidiary of the Company
Crizac Ltd · 544439
✦ AI SummaryM&A
Crizac Ltd, a wholly owned subsidiary of the Company, has acquired 100% equity share capital of Inova Consultancy Limited, a company incorporated under the Companies Act, 1985. The acquisition will increase the Company's footprint in Mexico. The consideration will be in the form of cash, and the proposed acquisition is expected to be completed by 15 October 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Crizac Ltd - 544439 - Announcement under Regulation 30 (LODR)-Acquisition
Attachments (1)
📄pdf
Download →
91e493e4-365a-4ab7-9bf2-498f47a94a38.pdf
View document text
Crizac Limited
CIN : L80903WB2011PLC156614 " ]
WING A, 3rd FLOOR,Constantia Building, -
11 Dr. U.N.Brahmachari Street, . rl Zq C
Shakespeare Sarani,Kolkata- 700017 MAKING
West Bengal, India EDUCATION EASY
Date: July 27, 2026
INational Stock Exchange of India Ltd SE Limited
change Plaza, 5th Floor, C-1, Block G, =t Floor, Phiroze Jeejeebhoy Towers Dalal
andra Kurla Complex, Bandra (E), treet Mumbai — 400001
[umbai 400051 crip Code: 544439
[Symbol: CRIZAC
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Acquisition by the wholly owned subsidiary of the
Company.
Dear Sir/ Madam,
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations"), we wish to inform you that Crizac Ltd, wholly
owned subsidiary of the Company, being a private company limited by shares incorporated
under the Companies Act, 2006 and having its registered office at 24 Great Chapel Street, Soho,
London, England, W1F 8FS, has acquired 100% equity share capital of Inova Consultancy
Limited, a company incorporated under the Companies Act, 1985.
The details with respect to the said acquisition as required under Regulation 30(6) read with
Schedule III Part A Para A (1) of the Listing Regulations and SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are attached as
“Amnexure -A".
You are requested to take the same on record.
Thanking you,
For Crizac Limited
Kashish Arora
Company Secretary and Compliance Officer
Membership no: A38644
Enclosed: As above
e (033) 3544-1515 @ info@crizac.com @ www.crizac.com
Crizac Limited
CIN : L80903WB2011PLC156614 " ]
WING A, 3rd FLOOR,Constantia Building, -
11 Dr. U.N.Brahmachari Street, . rl Zq C
Shakespeare Sarani,Kolkata- 700017 MAKING
West Bengal, India EDUCATION EASY
“Annexure-A"
Details required under SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/1/3762/2026 dated January 30, 2026
Sl. No Particulars
A Name of the target entity, details in brief | The name of the Target entity is
such as size, turnover etc Inova Consultancy Limited,
company limited by shares
incorporated under the
Companies Act 1985 having its
registered office at Office 104,
Spaces, Pennine Five, Block 2, 1
Tenter street, Sheffield, South
Yorkshire, S1 4BY, United
Kingdom.
For the year ended March 31,
2026
Turnover: £442,360
For the year ended March 31,
2025
Turnover - £386514
B Whether the acquisition would fall | This transaction does not fall
within related party transaction(s) and | under the ambit of Related Party
whether the promoter/ promoter | Transaction.
group/ group companies have any
interest in the entity being acquired? The Promoter/promoter group/
group companies of the
If yes, nature of interest and details | Company do not have any
thereof and whether the same is done at | interest in the entity Inova
"arm’s length"; Consultancy ~ Limited ~whose
equity shares are being acquired.
C Industry to which the entity being | International education,
acquired belongs marketing and student
recruitment consultancy.
D Objects and impact of acquisition | Crizac Ltd (100% subsidiary of
(including but not limited to, disclosure | Crizac ~ Limited, =~ Company
e (033) 3544-1515 @ info@crizac.com @ www.crizac.com
Crizac Limited
CIN : L80903WB2011PLC156614 ‘qrizclc
WING A, 3rd FLOOR, Constantia Building,
11 Dr. U.N.Brahmachari Street,
Shakespeare Sarani,Kolkata- 700017 MAKING
West Bengal, India EDUCATION EASY
of reasons for acquisition of target entity, incorporated Under Companies
if its business is outside the main line of Act, 2006) has acquired 100%
business of the listed entity; equity stake in Inova
Consultancy ~ Limited. This
acquisition will increase
Company’s Footprint in Mexico.
Pursuant to this acquisition the
Company has entered into new
destination market
“Netherlands”
Brief details of any governmental or | Not Applicable
regulatory approvals required for the
acquisitions
Indicative time period for completion of | 15 October 2026.
the acquisition
Consideration- whether cash | The proposed Consideration will
consideration or share swap and details be in the form of cash (in one or
of the same more tranches).
Cost of acquisition or the price at which £742378
the shares are acquired
Percentage of shareholding/ control Crizac Ltd has acquired 100%
acquired and/ or number of shares shareholding ~ comprising 10
acquired ordinary shares in Inova
Consultancy Limited.
Brief background about the entity Brief background/ line of
acquired in terms of products/line of business:
business acquired, date of incorporation, The Company is engaged in
history of last 3 years turnover, country international education,
in which the acquired entity has marketing and student
presence and any other significant recruitment consultancy.
information (in brief)
Date of Incorporation: 19th
August, 2004
Turnover of last three financial
years:
@ (033) 3544-1515 © info@crizac.com P Wy Www.cri. zac.com
Crizac Limited
a United
CIN : L80903WB2011PLC156614 ’ .
rd FLOOR, Constantia Building, -
Shakespeare Sarani,Kolkata- 700017 MAKING
West Bengal, India EDUCATION EASY
2023-24 £590,632
2024-25 £386,514
2025-26 £442,360
Country in which the acquired
entity has presence: United
Kingdom
e (033) 3544-1515 @ info@crizac.com @ www.crizac.com