ICRA has received board’s approval to merge its two wholly-owned subsidiaries, ICRA Online, engaged in outsourcing and information services, and ICRA Management Consulting Services, which is involved in consulting services. This merger will provide business synergies and operating efficiencies.
The Board of Directors of the company at their meeting held on August 8, 2018, approved the same.
ICRA is an independent and professional investment Information and credit rating agency. The company operates through four segments - Rating, research and other services; Consulting services; Outsourced and Information services, and Professional and IT Services.
