CRISIL Limited has informed the Exchange about Copy of Newspaper Publication regarding notice of final hearing of company petition.
CRISIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Crisil Limited has informed the exchanges about newspaper advertisements published on May 16, 2025, in Business Standard and Navshakti, regarding the final hearing of the company petition for the Scheme of Amalgamation between Bridge to India Energy Private Limited (Transferor Company) and Crisil Limited (Transferee Company). The NCLT Mumbai Bench admitted the petition on April 23, 2025, and has fixed June 18, 2025, as the date for the final hearing. The petition, filed under Sections 230-232 of the Companies Act, 2013, seeks sanction of the scheme of amalgamation. Any person intending to support or oppose the petition must file a notice with the NCLT at least seven days before the hearing date. This is a procedural compliance step required as part of the legal merger process.
No immediate impact on the stock price as this is a routine legal procedure update. The June 18, 2025 hearing date is a key milestone — approval would clear the path for completion of the amalgamation, while any opposition or delay could affect the timeline.