NSEGeneral Updates11 Aug 2026 · 11 Aug 2026, 03:28 pm
General Updates
Crizac Limited · CRIZAC
✦ AI SummaryRegulatory
Crizac Limited informs the exchange about the update on the proposed acquisition of Compulsory Convertible Preference Shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited. The proposed acquisition has not yet been completed, and the requisite formalities are still in the process of being fulfilled. The revised expected timeline for completion is 12 October 2026.
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Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk5/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
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 Debentures of Edument Consultancy Private Limited.
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CRIZAC0301_11082026152832_Reg_30_Revised_Timeline_.pdf
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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