McGraw Hill Financial has raised its stake in CRISIL, a global analytical company and India's leader in credit ratings and research, to 67.8% from 52.8%. The company has acquired 10,623,059 equity shares from shareholders of CRISIL, which represents 15.1% of the total equity shares outstanding.
McGraw Hill Financial is a leading financial intelligence company providing the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics.
CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. The company’s majority shareholder is Standard and Poor’s (S&P). S&P, a part of The McGraw-Hill Companies, is the world’s foremost provider of credit ratings.
