BSECompany Update11 Aug 2026 · 11 Aug 2026, 03:18 pm

Crizac Limited Informs the exchange about the update with regard to disclosure dated June 15, 2026 on proposed Acquisition of Compulsory Convertible Preference Shares and Compulsory Convertible ....

Crizac Ltd · 544439

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Crizac Ltd has informed the exchange that the proposed acquisition of Compulsory Convertible Preference shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited is still in process and expected to be completed by 12 October 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

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

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Date: 11 August, 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: Update on proposed acquisition pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, With reference to the earlier Disclosures dated June 15 , 2026 made by the company regarding the proposed acquisition of Compulsory Convertible Preference shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited. We wish to inform you that the proposed acquisition has not yet been completed and the requisite formalities are still in the process of being fulfilled. Accordingly, the completion of the proposed acquisition is expected to take an additional period of approximately two months. The revised expected timeline for completion is 12 October 2026, completion of the requisite documentation and other closing formalities. There is no change in the underlying transaction/consideration/other material terms of the proposed acquisition, except for the extension of the expected timeline for completion, as stated above. The Company will make further disclosures to the Stock Exchanges regarding any material developments in relation to the proposed acquisition, as and when required under the applicable provisions of the SEBI LODR Regulations. You are requested to take the same on record. Thanking you, For Crizac Limited Kashish Arora Company Secretary and Compliance Officer Membership no: A38644 (033) 3544-1515 info@crizac.com www.crizac.com