Crizac Limited has informed the Exchange about Acquisition of 51.04% of the Equity share capital of Global Tree Careers Private Limited (GTCPL). The said acquisition is subject to fulfilment of customary conditions precedent, including such other conditions as mutually agreed between the parties. Consequent to the completion of the aforesaid acquisition, GTCPL will become a subsidiary of the Company
CRIZAC · price
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Crizac Limited's Board has approved the acquisition of a 51.04% equity stake in Global Tree Careers Private Limited (GTCPL), making it a subsidiary of the company. GTCPL is a Hyderabad-based B2C player in overseas education consultancy, immigration advisory, and training services, with a strong presence in Telangana and Andhra Pradesh. For FY25, GTCPL reported revenue of about ₹25.97 crore and total assets of around ₹29.80 crore, though its turnover has dipped from ₹31.35 crore in FY24. The deal involves a primary infusion of ₹10 crore for 24.20% stake and a secondary purchase of 26.84% from existing shareholders, whose price depends on GTCPL's future performance. The transaction is expected to close by March 31, 2026, subject to standard conditions, and is not a related-party deal.
This is a strategic diversification move into the growing overseas education and immigration space, which could open a new growth avenue for Crizac shareholders. However, the secondary purchase cost being linked to future performance introduces some valuation uncertainty, and Crizac is stepping outside its main line of business, so investors should watch for integration progress and synergy announcements.