CRISIL has invested ₹33.25 crore to acquire a minority stake in Online PSB Loans Limited (OPL).
Crisil had announced its intention to invest in OPL in December 2024.
OPL is a digital credit infrastructure company focused on automating credit delivery to MSMEs and retail borrowers.
Amish Mehta, Managing Director and CEO, Crisil, said that the investment in OPL strengthens their positioning in the MSME sector and enables innovative offerings.
Jinand Shah, Managing Director and CEO, OPL, mentioned that Crisil's expertise will help OPL accelerate its journey of transforming India’s MSME credit ecosystem.
CRISIL Limited has announced the publication of a newspaper advertisement in Sakal on June 6, 2025, confirming the dispatch of the Postal Ballot Notice.
This is in continuation of their letters dated June 4, 2025 and June 5, 2025, regarding the Postal Ballot Notice.
CRISIL Limited has announced the dispatch of a Postal Ballot Notice to its members on June 4, 2025.
The notice pertains to seeking approval from members for the re-appointment of Ms. Shyamala Gopinath as an Independent Director.
The dispatch was completed on June 4, 2025, to members listed in the Register of Members/List of Beneficial Owners as received from NSDL and CDSL, sent to their registered email IDs.
Members listed as of Friday, May 30, 2025, are eligible for voting. Non-members as of this date should consider the notice for informational purposes only.
In line with MCA circulars, physical Postal Ballot forms and Business Reply Envelopes have not been dispatched; communication will occur exclusively through remote e-voting.
Members holding shares in dematerialized mode are requested to update their email addresses with the relevant Depository Participants.
Members holding shares in physical mode are requested to update their email addresses with KFin Technologies Limited by sending filled physical ISR forms as specified by SEBI along with required documents.
Remote e-voting will commence on Thursday, June 5, 2025, at 9:00 a.m. (IST) and will end on Friday, July 4, 2025, at 5:00 p.m. (IST).
Mr. S. N. Vishwanathan, or failing him Ms. Ashwini Vartak, from S. N. Ananthasubramanian & Co., Practicing Company Secretaries, has been appointed as the Scrutinizer.
The results of the Postal Ballot will be announced on or before Saturday, July 5, 2025, and will be communicated to the stock exchanges and displayed on the company's website.
CRISIL Limited is seeking shareholder approval via postal ballot for the re-appointment of Ms. Shyamala Gopinath as an Independent Director.
The re-appointment is for a term from 10 July 2025 to 31 December 2025.
The current term of Ms. Gopinath as an Independent Director is set to conclude on 9 July 2025.
The Board of Directors has appointed Mr. S. N. Vishwanathan, Practising Company Secretary, as the Scrutinizer for the postal ballot process.
The voting period commences on 5 June 2025 at 09:00 a.m. (IST) and ends on 4 July 2025 at 17:00 hours (IST).
The results of the postal ballot will be announced by 5 July 2025.
The company is providing e-voting facility to all shareholders through National Securities Depository Limited (NSDL).
The re-appointment is recommended by the Nomination and Remuneration Committee (NRC) and the Board, considering Ms. Gopinath's skills, experience, and expertise.
The NRC had identified a candidate who would be most suitable for the post. However, the shortlisted candidate, has requested additional time, to fulfil certain contractual obligations associated with the person’s previous tenure, which extends beyond completion of Ms. Gopinath’s first term.