
Acquisitions11 Aug 2026, 03:19 pm
Crizac Ltd Acquisition Delayed by Two Months
AI Summary
Crizac Limited has provided an update regarding its proposed acquisition of Compulsory Convertible Preference Shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited. The company informed the exchange that the acquisition has not yet been completed, and the necessary formalities are still in progress. The completion is now expected to take an additional two months, with a revised timeline of October 12, 2026. The core terms of the transaction, including consideration, remain unchanged. Crizac Ltd will continue to update the stock exchanges on any material developments.
Key Highlights
- Proposed acquisition of Edument Consultancy Private Limited delayed.
- Completion timeline extended by approximately two months.
- Revised expected completion date is October 12, 2026.
- Transaction terms and consideration remain unchanged.
- Further disclosures will be made as required.
Price Impact
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