Crizac Ltd

Crizac Limited has announced a Board of Directors meeting scheduled for October 30, 2026. The meeting will primarily focus on approving the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the board will consider the declaration of an interim dividend for the Financial Year 2026-27. The record date for determining dividend entitlements has been set as November 6, 2026, subject to board approval. The trading window will reopen 48 hours after the declaration of results and dividend.

Crizac Limited has launched the Partner Growth Program (PGP) to support its network of over 17,400 registered counselling partners across 85+ countries. This initiative aims to help small and medium counselling businesses grow by providing marketing support, counsellor certification, and professional branding. The program offers ready-to-use marketing content, branded with the partner's name, and discounted certifications for study destinations. PGP is designed to free up counsellors' time from marketing and training logistics, allowing them to focus more on student guidance and judgment, leveraging AI tools for routine tasks. This launch is the first phase, with plans to add more tools and benefits based on partner feedback.

Crizac Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from October 01, 2026, until 48 hours after the declaration of the un-audited financial results for the second quarter and half-year ending September 30, 2026. The exact date of the board meeting to approve these results will be communicated later. This measure is intended to prevent insider trading during the sensitive period of financial result announcement.

Crizac Limited has announced a revision to its proposed acquisition of Compulsory Convertible Preference Shares (CCPS) in Edument Consultancy Private Limited. One shareholder of Edument has withdrawn consent for the sale of 107 CCPS, valued at ₹1,03,654. Consequently, this portion of the acquisition will not proceed, and the amount paid has been refunded. The total transaction consideration is now revised to ₹1,23,73,290 from ₹1,24,76,944. Post-transaction, Crizac's holding in Edument is expected to be approximately 36.80% of the fully diluted share capital, a slight decrease from the previously anticipated 37.41%. All other aspects of the transaction remain unchanged.

Crizac Limited announced at its 15th Annual General Meeting (AGM) held on September 11, 2026, the appointment of Mr. Christopher Flood Nagle as a Non-Executive Non-Independent Director. Additionally, the members approved the re-appointment of Mr. Anuj Saraswat and Ms. Payal Bafna as Independent Directors for second terms. Mr. Saraswat's re-appointment is effective from February 14, 2027, to February 13, 2030, while Ms. Bafna's re-appointment is from March 21, 2027, to March 20, 2030. Disclosures and director profiles have been submitted to the stock exchanges and are available on the company's website.

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.