CRISIL has executed binding agreements to acquire 100% of the equity share capital of Pragmatix Services at a consideration not exceeding Rs 56 crore. The acquisition is subject to regulatory approvals as applicable and meeting other customary closing conditions.
The acquisition will strengthen CRISIL’s position as an agile, innovative and global analytics company. It will enable CRISIL to leverage its deep domain expertise and enhance its business intelligence, analytics and risk management offerings for financial sector clients in India and globally. Pragmatix’s solutions will supplement CRISIL’s offerings & accelerate acquiring retail and commercial banking customers and diversify the strong presence CRISIL enjoys with global financial institutions.
CRISIL is a global analytical company providing ratings, research and risk & policy advisory services. It rates the entire range of debt instruments: bank loans, certificates of deposit, commercial paper, non-convertible debentures, bank hybrid capital instruments, asset-backed securities, mortgage-backed securities, perpetual bonds, and partial guarantees.
| Company Name | CMP |
|---|---|
| CRISIL | 4335.25 |
| ICRA | 5461.30 |
| Care Ratings | 1621.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: