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.

0/500

Full Announcement

Crizac Ltd - 544439 - Announcement under Regulation 30 (LODR)-Acquisition

Attachments (1)

📄

91e493e4-365a-4ab7-9bf2-498f47a94a38.pdf

pdf

Download →
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