Crisil Limited 39th AGM: Shareholders Approve Dividends, Director Reappointments with Overwhelming Majority

Crisil Limited held its 39th Annual General Meeting (AGM) on Friday, April 17, 2026, through Video Conferencing (VC) and Other Audio Visual Means (OAVM), with the deemed venue at Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai, 400 072. The meeting commenced at 2.30 p.m. and concluded at 3.40 p.m., with 66 members present through VC/OAVM — including 3 members represented through authorised representatives — collectively representing approximately 70.08% of the shareholding (5,12,47,590 equity shares). Mr. Yann Le Pallec, Chairman of the Board of Directors, presided over the meeting in accordance with Article 93 of the Articles of Association of the Company.

AGM Meeting Details

The key details of the meeting are summarised below:

Parameter: Details Meeting: 39th Annual General Meeting Date: April 17, 2026 Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM) Deemed Venue: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai, 400 072 Time of Commencement: 2.30 p.m. Time of Conclusion: 3.40 p.m. Members Present: 66 (including 3 through authorised representatives) Shareholding Represented: ~70.08% (5,12,47,590 equity shares)

The Board of Directors present at the meeting included Mr. Yann Le Pallec (Chairman), Independent Directors Mr. Amar Raj Bindra, Mr. Girish Paranjpe, Mr. Dinesh Khara, and Ms. Nishi Vasudeva, Non-Executive Directors Mr. Girish Ganesan and Mr. Saugata Saha, and Mr. Amish Mehta as Managing Director & CEO. Walker Chandiock & Co LLP's partners Mr. Murad Daruwalla and Mr. Mukul Rathi attended as Statutory Auditors by invitation, and Mr. S N Viswanathan of M/s S. N. Ananthasubramanian & Co. (SNACO) was present as Scrutinizer for e-voting and Secretarial Auditor.

Chairman's Address and Business Highlights

In his address to shareholders, the Chairman highlighted that in 2025, the Company demonstrated resilience amid a dynamic macroeconomic backdrop and remained a trusted partner to domestic and global clients. Key business highlights mentioned included:

Crisil Ratings maintained its leadership in corporate bond ratings, supported by stable corporate bond issuances, moderate expansion in bank credit, and investor preference for best-in-class ratings.

Global Analytics Centre saw growth in surveillance support to S&P Global Ratings and expanded analytical and operational support to S&P in new areas beyond Ratings.

Crisil Intelligence saw growth in demand for new-age research reports, risk solutions, and offerings in the transport sector.

Crisil Coalition Greenwich saw momentum in corporate and investment banking.

The Company completed the acquisition of McKinsey PriceMetrix Co. to deepen its presence in wealth management.

Crisil Integral IQ demonstrated resilience in 2025, gaining traction on the buy-side and in risk solutions.

Crisil Foundation continued to drive community impact through its flagship programmes Mein Pragati and Crisil RE.

Crisil's GenAI-enabled solutions, coupled with deep domain expertise, positioned the firm as a relevant and trusted partner for its clients.

Following the Chairman's address, 11 members addressed the meeting with comments, suggestions, and queries on topics including business growth and diversification, impact of US tariffs and geopolitical challenges, Artificial Intelligence and its business implications, bonus shares/share split, dividend, and hybrid AGM format. Mr. Amish Mehta, Managing Director & CEO, presented an overview of the Company's performance and responded to shareholder queries.

Resolutions Passed at the AGM

Five resolutions — covering ordinary and special business — were put to vote. The e-voting facility was open from Monday, April 13, 2026 (09.00 a.m. IST) to Thursday, April 16, 2026 (5.00 p.m. IST), with the cut-off date for voting rights set as April 10, 2026. All resolutions were passed by requisite majority, as detailed below:

Resolution No.: Particulars % Votes in Favour % Votes Against 1. Adoption of Audited Financial Statements (Standalone & Consolidated) for year ended December 31, 2025 99.9997 0.0003 2. Declaration of final dividend of Rs. 28 per equity share and confirmation of three interim dividends aggregating Rs. 33 per equity share for year ended December 31, 2025 100.00 0.00 3. Re-appointment of Mr. Yann Le Pallec as Director (retires by rotation) 99.5391 0.4609 4. Re-appointment of Mr. Amish Mehta as Managing Director & CEO 99.5749 0.4251 5. Re-appointment of Mr. Amar Raj Bindra as Independent Director (Special Resolution) 99.4444 0.5556

Dividend Approved for FY2025

Shareholders approved the declaration of a final dividend of Rs. 28 per equity share on 7,31,30,017 equity shares of Re. 1 each, fully paid up, payable to shareholders whose names appeared in the Register of Members or list of beneficial owners as at the close of business hours on April 03, 2026. Additionally, three interim dividends were confirmed — a first interim dividend of Rs. 8 per share, a second interim dividend of Rs. 9 per share, and a third interim dividend of Rs. 16 per share — each on 7,31,30,017 equity shares of Re. 1 each, fully paid up, aggregating Rs. 33 per equity share for the financial year 2025. The resolution received 100.00% votes in favour with zero votes against.

Key Board Appointments Approved

Shareholders approved the re-appointment of Mr. Amish Mehta (DIN: 00046254) as Managing Director & CEO for a period of 3 years from October 1, 2026 to September 30, 2029, with 99.5749% votes in favour. The resolution also authorises the Board of Directors to alter and vary the terms and conditions of re-appointment and/or remuneration, subject to limits approved by members. Additionally, Mr. Amar Raj Bindra (DIN: 09415766) was re-appointed as Independent Director for a second term from December 1, 2026 to November 30, 2031, receiving 99.4444% votes in favour. His office shall not be liable to retire by rotation. The Scrutiniser's Report for e-voting was dated April 17, 2026, and the consolidated voting results were announced on April 17, 2026 by Mr. Amish Mehta through the Company's website, NSDL, BSE Limited, and National Stock Exchange of India Limited. The minutes of the meeting were signed by the Chairman in Paris on May 12, 2026, and submitted to the stock exchanges by Company Secretary Ms. Minal Bhosale on May 14, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Crisil Limited has announced the role enhancement of Ms. Minal Bhosale, currently serving as Company Secretary, who will assume additional responsibility as Head - Legal effective May 4, 2026. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and disclosed to both BSE Limited and National Stock Exchange of India Ltd.

The role expansion represents a full-time employment arrangement wherein Ms. Bhosale will continue to discharge her duties as Company Secretary while also functioning as Head - Legal for Crisil Limited. The intimation was signed by Dinesh Venkatasubramanian, Chief Financial Officer, on April 30, 2026.

Profile and Experience

Ms. Minal Bhosale serves as the Company Secretary and Key Managerial Personnel (KMP) of Crisil Limited, bringing over 25 years of global experience across multiple domains. Her expertise encompasses board and compliance management, corporate actions, mergers & acquisitions (M&A), and governance frameworks.

Throughout her tenure, Ms. Bhosale has demonstrated a proven record of managing large transformation and restructuring projects, playing a key role in such initiatives at Crisil. Her contributions extend beyond corporate secretarial functions, having managed diverse projects including Ratings segregation and playing an instrumental role in designing and building Crisil's ESG governance and reporting framework.

Professional Qualifications

Ms. Bhosale is a member of the Institute of Company Secretaries of India (ICSI) and holds a post-graduate degree in law, positioning her well for the expanded legal responsibilities she will assume.

Regulatory Disclosure Details

The company has provided comprehensive disclosure as required under Regulation 30 of Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The formal communication was addressed to both major stock exchanges where Crisil shares are listed.

Appointment Summary

Particulars: Details Reason for Change: Role expansion - Ms. Minal Bhosale will function as Head - Legal in addition to current Company Secretary responsibilities Date of Appointment: May 4, 2026 Term of Appointment: Full time employment Current Position: Company Secretary and Key Managerial Personnel Additional Role: Head - Legal Experience: Over 25 years in board and compliance management, M&A, and governance frameworks

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