Crizac Limited Expands Global Footprint with Strategic Acquisition in the UK Education Sector

 

Crizac Limited Expands Global Footprint with Strategic Acquisition in the UK Education Sector

Kolkata, October 24, 2025 – Crizac Limited (BSE: 544439), in a significant move to bolster its international presence, has announced that its wholly-owned subsidiary, Crizac Ltd (UK), has acquired a 51% controlling stake in Studies Planet.Com Limited, a London-based international student recruitment firm.

The acquisition was formally intimated to the BSE Limited and the National Stock Exchange of India in a regulatory filing dated October 24, 2025, pursuant to the SEBI Listing Regulations.

Strategic Rationale: A Gateway to New Markets

The primary objective of this acquisition is to facilitate Crizac's strategic expansion into the South American market. By leveraging Studies Planet.Com Limited's established operations and expertise in international student recruitment, Crizac aims to enhance its global footprint and capitalize on emerging growth opportunities in the region.

This move signals a deliberate strategy to diversify revenue streams and build a more robust, internationally-focused business model beyond its existing operations.

Details of the Acquisition

The transaction, structured as a cash consideration (to be paid in one or more tranches), will see Crizac Ltd (UK) acquire 510 equity shares in Studies Planet.Com Limited, giving it a controlling 51% stake. The company has cited confidentiality reasons for not disclosing the specific financial details of the mutually agreed valuation.

The acquisition is expected to be completed by March 31, 2026.

Profile of the Acquired Entity: Studies Planet.Com Limited

• Name: Studies Planet.Com Limited

• Line of Business: International Student Recruitment

• Date of Incorporation: September 4, 2007

• Registered Office: London, England

• Financial Snapshot: The company reported a turnover of £138,613 for the financial year ended September 30, 2024, alongside a net loss of £(26,337). Historical turnover shows variability, having been £242,758 in 2021-22 and £114,338 in 2022-23.

Corporate Governance and Structure

Crizac Limited has clarified that this transaction does not qualify as a Related Party Transaction, confirming that no promoters or group companies had any prior interest in Studies Planet.Com Limited. The acquisition is being executed by the company's 100% UK-based subsidiary, Crizac Ltd.

The announcement was signed by Mr. Kashish Arora, Company Secretary and Compliance Officer of Crizac Limited.

About Crizac Limited:
Crizac Limited (BSE: 544439) is a publicly-listed company in India. This strategic acquisition through its UK subsidiary marks a significant step in the company's plans for international growth and diversification within the education sector.

This article is based on a regulatory filing dated October 24, 2025.

https://www.bseindia.com/xml-data/corpfiling/AttachLive/020c8f27-afb6-41bc-b3c3-d10073c3aa21.pdf