Crizac Ltd

Crizac Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as mandated by Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, which forms part of the company's Integrated Annual Report, is also available on Crizac's website. The BRSR outlines the company's commitment to responsible business practices aligned with the National Guidelines on Responsible Business Conduct (NGRBC) principles. Crizac operates in the Education Consultancy Services industry, focusing on student enrollment and recruitment solutions for global educational institutions. The report details general disclosures, business activities, products/services, and operational locations.

Crizac Limited has filed its Integrated Annual Report for the Financial Year 2025-26, along with the Notice of its 15th Annual General Meeting (AGM). The AGM is scheduled for September 11, 2026, to be held via Video Conferencing. The report and notice are available on the company's website and have been sent to members via email. The company is providing remote e-voting and e-voting at the AGM. The cut-off date for voting rights is September 4, 2026, with remote e-voting commencing on September 8, 2026, and concluding on September 10, 2026. Physical communication will be sent to members whose email addresses are not registered.

Crizac Limited has announced its 15th Annual General Meeting (AGM) will be held on September 11, 2026, at 01:00 PM IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company is also enclosing its Integrated Annual Report for FY 2025-26 along with the AGM notice. Members can access these documents online and through email if their contact details are registered. The cut-off date for voting rights is September 4, 2026, with remote e-voting commencing on September 8, 2026, and concluding on September 10, 2026, at 5:00 PM IST. The company is providing facilities for both remote e-voting and e-voting during the AGM.

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.

Crizac Limited announced its unaudited financial results for the first quarter of FY27, ending June 30, 2026. Total Income for the quarter was ₹2,084 million, a 4.0% decrease year-on-year, attributed to a less favorable university partner mix rather than reduced platform activity. Profit After Tax (PAT) saw a slight increase of 2.9% YoY to ₹471 million. The company processed 1.04 lakh applications, a 6.2% YoY decline. However, active counselling partners grew by 2.1% to 4,032, and student enrolments increased by 15.0% to 4,751. Crizac highlighted strategic investments, including an investment in ForeignAdmits in June 2026 and the acquisition of Inova Consultancy Limited in July 2026, aimed at expanding its global reach and service offerings. The company also announced leadership changes within its UK entity.

Crizac Limited announced a modification to the terms of appointment for Whole-Time Director Mr. Manish Agarwal, effective August 3, 2026. The amendment stipulates that Mr. Agarwal will now be liable to retire by rotation, in accordance with the Companies Act, 2013, and the company's Articles of Association. All other terms of his appointment, including tenure, remuneration, powers, duties, and responsibilities, remain unchanged. The company has confirmed that Mr. Agarwal is not debarred from holding a director position by any regulatory authority.

Crizac Limited has announced its 15th Annual General Meeting (AGM) will be held on Friday, September 11, 2026, at 1:00 PM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Mode (OAVM) in compliance with MCA and SEBI circulars. The cut-off date for determining eligible members to vote is Friday, September 04, 2026. The Annual Report for FY 2025-26 and the AGM Notice will be dispatched to shareholders and made available on the company's website.

Crizac Limited announced significant changes in its board and leadership. Mr. Christopher Nagle has been appointed as an Additional Non-Executive Director and will also assume the role of Chairperson of the company, effective August 4, 2026. Dr. Vikash Agarwal will step down as Chairperson but will continue as Managing Director. The company also approved the re-appointment of Mr. Anuj Saraswat and Ms. Payal Bafna as Independent Directors for a second term. Ms. Pinky Agarwal has resigned as a Non-Executive, Non-Independent Director, leading to a reconstitution of the Nomination & Remuneration and Risk Management Committees.

Crizac Limited has announced significant changes in its Senior Management Personnel (SMP) following a Board of Directors meeting on August 3, 2026. Mr. Sibendu Roy has ceased to be the Chief Technology Officer and SMP, though he will remain an employee. Mr. Rituparno Sarkar has been appointed as the new CTO and SMP. Ms. Salaria Zaheer has stepped down as Chief Marketing Officer and SMP, continuing as an employee, with Mr. Nikhil Jain appointed as the new Chief Product and Marketing Officer and SMP. Additionally, Ms. Anindita Das will continue as Chief Business Officer but will no longer be designated as SMP due to a revised internal reporting structure. All changes are effective August 2nd or 3rd, 2026, with detailed information annexed as per SEBI LODR Regulations.

Crizac Limited announced that Mr. Christopher Flood Nagle has resigned as CEO of its material subsidiary, Crizac Ltd (UK), effective August 2, 2026. The resignation is due to increasing preoccupation with his family business. Mr. Nagle will continue as a director in the UK subsidiary and will transition to the holding company, Crizac Limited, as an Additional Non-Executive Director and Chairman of the Board, effective August 3 and 4, 2026, respectively. This move is subject to requisite approvals and corporate formalities. The company has provided detailed disclosures as per SEBI Listing Regulations.