Crizac Limited (CRIZAC) — Announcement Announcement
Crizac Limited announced its acquisition of Edument Consultancy Private Limited, an EdTech SaaS platform serving 700+ counseling partners and 200+ universities across 5+ countries, with the target reporting Rs 1.13 crore turnover and a Rs 71.87 lakh net loss as of March 2025. The transaction involves purchasing 5,444 compulsorily convertible preference shares and 2,250 compulsorily convertible debentures for approximately Rs 65.39 lakh and Rs 59.38 lakh respectively, subject to regulatory approvals and completion by August 12, 2026.
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About Crizac Limited (CRIZAC)
Consumer Services · Retailing · Listed on NSE
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