CRISIL Limited has submitted a regulatory filing to BSE Limited and National Stock Exchange of India Ltd regarding the resignation of a board member. The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and SEBI Circular dated January 30, 2026.
Key Development
Mr. Saugata Saha will be stepping down from the CRISIL Board as a Director. His cessation date is specified as "on or before July 30, 2026." The resignation follows Mr. Saha's decision to leave S&P Global Inc (CRISIL's parent company) to pursue another opportunity.
Transition Period
Mr. Saha will remain with S&P Global through July 30, 2026, to support the transition process.
Organizational Changes at S&P Global
As part of the leadership change, S&P Global announced that the Enterprise Data Organization (EDO) will move to become part of the Chief Technology & Transformation Office, led by Firdaus Bhathena, S&P Global Chief Technology & Transformation Officer. This reorganization aims to unify the company's data and technology capabilities to accelerate AI integration across products, enhance efficiency and productivity, and drive innovation.
Financial Guidance
S&P Global reiterated its financial guidance for 2026 despite the leadership change.
Filing Details
The letter was digitally signed by Minal Amit Bhosale, Company Secretary (ACS 12999) of CRISIL Limited on May 27, 2026, at 09:59:53 +05'30'.
Attachments
The filing includes two annexures:
- Annexure A: Disclosures as required under Regulation 30
- Annexure B: Copy of the press release issued by S&P Global