Previous Disclosure Reference
The current disclosure references the company's earlier disclosure dated July 22, 2025, regarding the proposed closure of Coalition Development Singapore Pte. Ltd. ("Coalition Singapore"), a wholly owned subsidiary of Crisil Limited.
Closure Timeline Update
The closure was originally expected to be completed within one year from the previous disclosure, i.e., by July 21, 2026. However, the closure process has been delayed and remains incomplete as of the current disclosure date.
Reason for Delay
The delay is attributed to pending approvals from regulatory authorities in Singapore that are still awaited by the company.
Current Operational Status
As of July 21, 2026, Coalition Singapore is no longer operational and does not have any ongoing business activities.
Revised Timeline Expectation
The closure of Coalition Singapore is now expected to be completed within the next 12 months from the disclosure date, i.e., by July 20, 2027. This revised timeline is subject to receipt of necessary statutory approvals from Singapore authorities.
Future Communication
The effective date of closure will be communicated to the exchanges upon receipt of the necessary approvals in due course.