Crisil Approves Amalgamation of Two Wholly Owned Subsidiaries

Crisil Ltd announced that its Board of Directors has approved the amalgamation of its wholly owned step-down subsidiaries, Crisil Canada Inc. and Crisil PriceMetrix Inc. Post amalgamation, both entities will cease to exist and will form a single entity named "Crisil PriceMetrix Inc.". The transaction is subject to statutory and regulatory approvals. Crisil PriceMetrix Inc. reported a total income of USD 1,431,352 for the period ending December 31, 2025, while Crisil Canada Inc. had a total income of USD 51,215 for the year ended December 31, 2025. The merger aims to consolidate Crisil's global entity structure. The share capital of Crisil Canada Inc. ($38 million) will be retained as capital for the amalgamated entity.