CRISIL Limited has announced the successful completion of the amalgamation of its wholly-owned step-down subsidiaries, Crisil Canada Inc. and Crisil PriceMetrix Inc. The combined entity will now operate under the name Crisil PriceMetrix Inc., effective August 1, 2026. The company received the Certificate of Amalgamation on August 5, 2026, finalizing this significant restructuring step.
Amalgamation Formalities Concluded
CRISIL Limited has formally concluded all necessary procedures for the amalgamation of its two wholly-owned step-down subsidiaries, Crisil Canada Inc. and Crisil PriceMetrix Inc. This strategic move consolidates these entities into a single, unified organization.
New Entity and Effective Date
Following the completion of all formalities, Crisil Canada Inc. and Crisil PriceMetrix Inc. have been amalgamated into a single entity, which will henceforth be known as Crisil PriceMetrix Inc. This amalgamation became effective as of August 1, 2026.
Confirmation of Amalgamation
The company confirmed that it received the official Certificate of Amalgamation on August 5, 2026, marking the finalization of this corporate restructuring. This integration is expected to streamline operations and reporting for the combined entities.
Source: BSE