CRISIL Limited — Updates, 22-07-2025: Other Restructuring
22-07-2025 | 01:18 pm
22-07-2025 | 01:18 pm
Crisil Limited's wholly-owned subsidiary, Coalition Development Singapore Pte. Ltd., will be closed to streamline the company's global entity structure. The board of Coalition Singapore has approved this closure, with the effective date to be announced later, expected within 12 months. This subsidiary contributed a minimal 0.42% to Crisil's turnover (₹6.95 Cr) and 0.22% to its net worth (₹3.98 Cr) as of December 31, 2024. The closure is part of an ongoing effort to simplify Crisil's operations and will not impact Crisil's shareholding pattern.
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