CRISIL Ltd. — Capital/Financing Update 2025

Jun 19, 2025

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June 19, 2025

Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, 5[th] floor P J Towers Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051

Dear Sirs,

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 (“ Listing Regulations ”)

In furtherance to our letter dated June 4, 2025, wherein we had informed the completion of the acquisition of Online PSB Loans Limited (OPL), please find enclosed a press release in this regard.

This is for your information and records.

Yours sincerely,

For Crisil Limited

MINAL AMIT Digitally signed by MINAL AMIT BHOSALE BHOSALE Date: 2025.06.19 15:07:15 +05'30'

Minal Bhosale Company Secretary ACS 12999

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Press release

June 19, 2025 | Mumbai

Crisil completes acquisition of minority stake in OPL

Crisil, the provider of ratings, data, research, analytics and solutions, has invested Rs 33.25 crore to acquire a minority stake in Online PSB Loans Limited (OPL). In December 2024, Crisil had announced its intention to invest.

OPL is a digital credit infrastructure company that develops and integrates advanced technologies, transforming the credit ecosystem through end-to-end automation. The company facilitates ease of credit delivery to micro, small and medium enterprises (MSMEs) and retail borrowers through unique analytics and artificial intelligence/machine learning-based solutions, enabling faster credit decision making.

OPL is one of India’s largest digital lending platforms meeting the needs of the evolving lending ecosystem.

Says Amish Mehta, Managing Director and CEO, Crisil, “MSMEs contribute nearly a third of India's gross domestic product, half of its exports, and are the largest employment generator after agriculture. The sector will thus be a material driver of India’s growth over the long term. At present, the MSME credit ecosystem is undergoing digitalisation and formalisation through various government and private sector initiatives. OPL’s offerings enable financial institutions to enhance their MSME lending infrastructure. The investment in OPL strengthens our positioning in the MSME sector and enables innovative offerings.”

OPL's existing group of shareholders include several prominent financial institutions including public and private sector banks, credit bureaus and government organisations.

Says Jinand Shah, Managing Director and CEO, OPL, “OPL is an innovative, fully integrated digital ecosystem that augments digital credit infrastructure of large institutions such as banks, and offers innovative, customised solutions for the growth and development of small and medium businesses. Crisil’s domain expertise as the foremost provider of research, ratings and analytics will enable OPL to accelerate our journey of transforming India’s MSME credit ecosystem and making it future-ready.”

Digitally signed AMISH by AMISH PRAMODR PRAMODRAI MEHTA AI MEHTA Date: 2025.06.19 14:49:33 +05'30'

Amish Mehta

Managing Director & CEO DIN: 00046254

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For further information,

Media Relations

Ramkumar Uppara Media Relations Crisil Limited M: +91 98201 77907 ramkumar.uppara@crisil.com

About Crisil Limited

Crisil is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence.

Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncovering powerful insights and turning risks into opportunities globally. We are integral to multiplying their opportunities and success.

Headquartered in India, Crisil is majority owned by S&P Global.

Founded in 1987 as India’s first credit rating agency, our expertise today extends across businesses: Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich and Crisil Integral IQ.

Crisil’s global workforce operates in the Americas, Asia-Pacific, Europe, Australia and the Middle East, setting the standards by which industries are measured.

For more information, visit Crisil.com

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This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Crisil. However, Crisil alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.

Crisil has taken due care and caution in preparing this press release. Information has been obtained by Crisil from sources which it considers reliable. However, Crisil does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. Crisil especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.

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