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CRIZAC LIMITED — Capital/Financing Update 2025
Oct 24, 2025
60009_rns_2025-10-24_bd4446f6-3616-49cc-9848-66a95f4b7d10.pdf
Capital/Financing Update
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Date: 24[th] October, 2025
To To National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, 1[st] Floor, Phiroze Jeejeebhoy Towers Dalal Bandra Kurla Complex, Bandra (E), Street Mumbai – 400001 Mumbai 400051 Scrip Code: 544439 Symbol: CRIZAC
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure - Requirements) Regulations, 2015 Acquisition by the wholly owned subsidiary of the Company.
Dear Sir/ Madam,
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations"), we wish to inform you that Crizac Ltd, wholly owned subsidiary of the Company Private company limited by shares incorporated under the under the Companies Act 2006 having its registered office at 24 Great Chapel Street, Soho, London, England, W1F 8FS, has acquired 51% Equity Share Capital in Studies Planet.Com Limited incorporated under the Companies Act 1985.
The details with respect to the said acquisition as required under Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024, are attached as “ Annexure – A ”.
You are requested to take the same on record.
Thanking you,
For Crizac Limited
Digitally signed by KASHISH ARORA DN: c=IN, o=Personal, title=6872, 2.5.4.20=6bd7d2860daf098d3a1d9cd5 KASHISH 7e5e9076e48b8e5e84f3748d7cf872679 5c34316, postalCode=700007, st=West Bengal, serialNumber=4e330ab72196e32dbffb ARORA 8bb05461fbd73d4eb638fc83f3c44990c54da419309c, cn=KASHISH ARORA Date: 2025.10.24 08:46:06 +05'30'
Kashish Arora Company Secretary and Compliance Officer Membership no: A38644
Enclosed: As above
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(033) 3544-1515
www.crizac.com
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“Annexure –A ”
Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024
| Sl. No | Particulars | Particulars |
|---|---|---|
| A | Name of the target entity, details in brief such as size, turnover etc |
The name of the Target entity is Studies Planet.Com Limited, a private company limited by shares incorporated under the Companies Act 1985 having its registered office at 73 Cathles Road, London, England, SW12 9LF. As on September 30, 2024 Turnover: £ 138,613 Net Profit: £(26,337) |
| B | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm’s length"; |
This transaction does not fall under the ambit of Related Party Transaction. The Promoter/promoter group/ group companies of the Company do not have any interest in the entity Studies Planet.Com Limited whose equityshares are beingacquired. |
| C | Industry to which the entity being acquired belongs |
Education |
| D | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity; |
Crizac Ltd (100% subsidiary of Crizac Limited, Company incorporated Under Companies Act, 1956/2013) has acquired 51% equity stake in Studies Planet.Com Limited. This strategic acquisition facilitates the company’s expansion into the South American market, enhancing its presence and |
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(033) 3544-1515
www.crizac.com
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| enabling it to capitalize on growth opportunities in the region. |
enabling it to capitalize on growth opportunities in the region. |
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|---|---|---|---|---|
| E | Brief details of any governmental or regulatory approvals required for the acquisitions |
Not Applicable | ||
| F | Indicative time period for completion of the acquisition |
31stMarch, 2026 | ||
| G | Consideration- whether cash consideration or share swap and details of the same |
The proposed Consideration will be in the form of cash (in one or more tranches). |
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| H | Cost of acquisition or the price at which the shares are acquired |
It is as per the mutually agreed valuation, price of the shares has not been disclosed due to reasons of confidentially. |
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| I | Percentage of shareholding/ control acquired and/ or number of shares acquired |
In this round of Investment, Crizac Ltd has acquired 510 shares in Studies Planet.Com Limited |
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| J | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
Brief background/ line of business: The Company is engaged in the International Student Recruitment. Date of Incorporation: 4th September, 2007 Turnover of last three financial years: 2021-22 (Oct 1, 2021-Sep 30, 2022) £ 242,758 2022-23 (Oct 1, 2022-Sep 30, 2023) £ 114,338 2023-24 (Oct £ 138,613 |
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| 2021-22 (Oct 1, 2021-Sep 30, 2022) |
£ 242,758 | |||
| 2022-23 (Oct 1, 2022-Sep 30, 2023) |
£ 114,338 | |||
| 2023-24 (Oct |
£ 138,613 |
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(033) 3544-1515
www.crizac.com
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1, 2023-Sep 30, 2024) Country in which the acquired entity has presence: England
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(033) 3544-1515
www.crizac.com