CRISIL merger with Bridge to India Energy approved by NCLT

CRISIL Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for the scheme of amalgamation of Bridge to India Energy Private Limited with Crisil Limited. The certified copy of the NCLT order is currently awaited.

The scheme was previously approved by CRISIL's board of directors on October 16, 2024, with an appointed date of January 1, 2025. The amalgamation will officially take effect upon the filing of the certified NCLT order with the Registrar of Companies.

As Bridge to India Energy Private Limited is a wholly-owned subsidiary of CRISIL, no new shares will be issued as a result of this merger.