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Crisil is streamlining its operations! The NCLT has approved the merger of Crisil with its wholly-owned subsidiary, Bridge to India Energy Private Limited. This strategic move aims to simplify the corporate structure. Good news for Crisil investors: since it's a wholly-owned entity, no new shares will be issued, ensuring no dilution of your current shareholding. The amalgamation will officially take effect once the NCLT's approval order is filed with the Registrar of Companies.