CRISIL Limited has informed the Exchange about General Updates
CRISIL · price
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Crisil Limited has completed the acquisition of a 4.08% equity stake in Online PSB Loans Limited for Rs. 33.25 crores. The deal, first announced in December 2024, has now had all customary closing formalities completed and the full investment amount has been paid. This is a minority strategic investment by Crisil in a digital lending/fintech entity, consistent with its earlier communications on the matter.
This is a small, non-controlling minority investment (under 5%) in a fintech company and is unlikely to have a material impact on Crisil's financials or stock price. It signals Crisil's continued interest in expanding its footprint in the digital lending space as a strategic investor.