GMP IPO
📋 Filings Intelligence
About Contact
LIVE — Auto-updated every 10 mins · Equity segment

Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

—
Filed today
—
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings —

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Crisil Ltd
Crisil Board Approves Amalgamation of Two Wholly Owned Step-Down Subsidiaries
M&A ● No Immediate Change LOW RISK
📅 Filed on BSE: 21 Jul 2026, 11:02 PM IST  ·  BSE ID: cdde4585-c6a4-4c62-ab25-88c40aab56cc
View Original BSE Filing (PDF)
💡
In Simple Terms
Crisil is merging two of its fully owned Canadian subsidiaries to streamline its business structure.
🤖 AI Summary
  • Crisil's Board approved the amalgamation of Crisil Canada Inc. with Crisil PriceMetrix Inc.
  • Crisil PriceMetrix Inc. reported a total income of USD 1,431,352 from Nov 7, 2025, to Dec 31, 2025.
  • Crisil Canada Inc. recorded a total income of USD 51,215 for the year ended December 31, 2025.
  • The merged entity will operate under the name “Crisil PriceMetrix Inc.” to consolidate global structure.
  • The share capital of Crisil Canada Inc., amounting to $38 million, will be retained as capital.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Crisil PriceMetrix Inc. Total Income (Nov 7 - Dec 31, 2025)
USD 1,431,352
Crisil Canada Inc. Total Income (Year Ended Dec 31, 2025)
USD 51,215
Crisil Canada Inc. Share Capital to be Retained
$ 38 million
🏢 How This Affects the Company
📈
Business Impact
The amalgamation consolidates Crisil's Toronto-based software-as-a-service (SaaS) and data analytics provider, Crisil PriceMetrix Inc., with Crisil Canada Inc.'s Research and Benchmarking offerings.
💰
Financial Impact
The share capital of Crisil Canada Inc., amounting to $38 million, will be retained as capital of the amalgamated entity, and new share capital will be issued to Crisil as the parent company.
⚙️
Operational Impact
The merger aims to consolidate Crisil’s global entity structure, integrating two separate wholly owned step-down subsidiaries into a single operational unit.
⚠️
Risk Impact
The transaction reduces structural complexity by merging two wholly owned step-down subsidiaries, which simplifies future management and regulatory oversight.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders as the transaction involves wholly owned step-down subsidiaries.
👤
Who Is Affected
Shareholders of Crisil Limited are not directly affected by this internal restructuring, as there will be no impact on the company's shareholding pattern.
🔍
Management Signal
The decision indicates management's intent to streamline its international subsidiary operations and consolidate its global entity structure.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Outcome of statutory and regulatory approvals under Ontario Business Corporation Act (OBCA).
Future Crisil filings on the effective date of amalgamation completion.
Subsequent financial results detailing performance of the new Crisil PriceMetrix Inc.
LOW RISK The transaction is an internal restructuring of wholly owned subsidiaries with no external financial implications for Crisil.
💡 Investor Takeaway
Crisil's board approved the amalgamation of Crisil Canada Inc. (FY25 income: USD 51,215) with Crisil PriceMetrix Inc. (Nov-Dec 2025 income: USD 1,431,352). This consolidates Crisil’s global entity structure, with Crisil Canada Inc.'s $38 million share capital retained in the amalgamated entity.
⚖️ Strengths & Concerns

✅ Positives

  • The merger consolidates Crisil’s global entity structure, potentially improving operational efficiency and streamlining management overhead.
  • Crisil PriceMetrix Inc. generated USD 1,431,352 in total income in less than two months (Nov 7 - Dec 31, 2025), indicating active operations post-acquisition.

⚠️ Concerns

  • Crisil Canada Inc.'s total income for the full year ended December 31, 2025, was USD 51,215, which is a relatively small contribution to the overall subsidiary operations.
  • The financial performance of Crisil PriceMetrix Inc. covers a limited period from November 7, 2025, to December 31, 2025, providing limited full-year comparable data.
❓ Frequently Asked Questions
What entities are being amalgamated by Crisil?
Crisil is amalgamating Crisil Canada Inc. with Crisil PriceMetrix Inc., both wholly owned step-down subsidiaries of Crisil.
What was the total income of Crisil PriceMetrix Inc. mentioned in the filing?
Crisil PriceMetrix Inc.'s total income for the period from November 7, 2025, to December 31, 2025, was USD 1,431,352.
What was the total income of Crisil Canada Inc. mentioned in the filing?
Crisil Canada Inc.'s total income for the year ended December 31, 2025, was USD 51,215.
What is the rationale behind Crisil's amalgamation of its subsidiaries?
The merger's rationale is to consolidate Crisil’s global entity structure, forming a single entity under the name “Crisil PriceMetrix Inc.”
Will the amalgamation impact Crisil's shareholding pattern?
No, the amalgamation will not impact Crisil Limited’s shareholding pattern as the transaction is between two wholly owned step-down subsidiaries.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector — takes 5 seconds.