Crizac Ltd

Crizac Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the un-audited financial results for the first quarter ended June 30, 2026. The specific date for the Board Meeting to approve these results will be communicated later. This measure is intended to prevent insider trading and ensure fair disclosure of financial information to all stakeholders, including designated persons and their immediate relatives.

Crizac Limited has made a strategic investment in Edument Consultancy Private Limited, the operator of ForeignAdmits, an AI-first student mobility platform. The investment, structured via Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS), aims to enhance Crizac's full-stack student mobility services by integrating AI-powered financing and visa solutions. ForeignAdmits, which has served over 100,000 students and facilitated ₹1,500 crore in education loans, will continue to operate independently. Nikhil Jain, Founder of ForeignAdmits, will join Crizac as Chief Product & Marketing Officer, bringing his expertise in AI-driven product execution.

Crizac Limited has entered into definitive agreements to invest approximately Rs. 1,24,76,944 in Edument Consultancy Private Limited. The investment will be made through the acquisition of Compulsory Convertible Preference Shares (CCPS) and Compulsorily Convertible Debentures (CCD) from existing investors. This strategic investment aims to leverage Edument's expertise in AI-led student mobility infrastructure and cross-border education financing, bringing complementary offerings to Crizac's existing customer base. The transaction is expected to be completed by August 12, 2026, and will result in Crizac holding 37.41% of Edument's fully diluted share capital. The acquisition is not a related party transaction and does not require specific governmental or regulatory approvals.

Crizac Ltd has appointed Grant Thornton Bharat LLP as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors during their meeting held on May 25, 2026. This decision complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Crizac Ltd's board of directors approved and took on record the audited financial results on a standalone and consolidated basis for the quarter and year ended March 31, 2026. The audit report, issued by M/s Singhi & Co., has an unmodified opinion on the financial results. Additionally, M/s Grant Thornton Bharat LLP has been appointed as the Internal Auditor for the Financial Year 2026-27. The board meeting concluded at 01:15 PM IST on May 25, 2026.

Crizac Limited announced its Q4 FY26 and FY26 results, reporting a 21% YoY growth in total income to ₹10,711 Mn and a 41.4% YoY surge in PAT to ₹2,191 Mn for FY26. Q4 FY26 total income stood at ₹3,986 Mn, up 14.7% YoY. The company's growth was driven by increases in applications processed, active agents, and student enrolments. Crizac completed four strategic acquisitions during the year, including Studies Planet and a stake in Global Tree Careers. The Board declared a dividend of ₹8 per equity share.

Crizac Ltd's board meeting on May 25, 2026, approved the audited consolidated and standalone financial results for the quarter and financial year ended March 31, 2026. The statutory auditor, M/s Singhi & Co., issued an unmodified opinion on the results. M/s Grant Thornton Bharat LLP was appointed as the Internal Auditor for FY 2026-27. The financial results are being published in the newspaper and uploaded on the company's website.

Ghoshal & Co., Internal Auditors of Crizac Ltd, have resigned effective May 21, 2026, due to time constraints and professional commitments. The firm confirmed there are no other material reasons for their resignation. Crizac Ltd has appointed a new internal auditor. The resignation letter is attached to the filing.

Crizac Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has already announced the closure of the trading window, which will remain closed until 48 hours after the declaration of the results. This information has been communicated to the National Stock Exchange of India Ltd and BSE Limited.

Crizac Ltd has announced the appointment of Uirtus Advisors LLP, Kolkata, as its Investor Relations Advisor. This appointment is effective from April 15, 2026. The engagement of an Investor Relations Advisor is intended to enhance the company's communication with its investors and the broader market, ensuring timely and transparent dissemination of information as per SEBI regulations.