CRISIL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 17, 2015 approved the Scheme of Amalgamation of its three wholly owned subsidiary companies, viz., Pipal Research Analytics and Information Services India Private Limited, Coalition Development Systems (India) Private Limited and Mercator Info-Services India Private Limited (hereinafter all three companies are collectively referred to as 'Transferor companies') with the Company and their respective shareholders and creditors under sections 391 to 394 and any other applicable provisions of the Companies Act, 1956 and Companies Act, 2013, to the extent notified and applicable ('the Scheme'). The Appointed Date for the merger shall be April 01, 2016. As per the Scheme, no shares are proposed to be issued pursuant to the merger, since all the Transferor companies are wholly-owned subsidiary companies of the Company. The Scheme is subject to requisite consent of the Hon'bie High Court of Judicature at Bombay, the permission or approval of the Stock Exchanges or any other statutory or regulatory' authorities or institution(s), which by law may be necessary for the implementation of the Scheme. The Company has appointed BSE Limited as the Designated Stock Exchange for the purpose of coordinating with SEBI with regards to the Scheme. CRISIL Ltd has informed BSE that the Hon'ble High Court of Judicature at Bombay (High Court') on September 08, 2016 sanctioned the Scheme of Amalgamation of Pipal Research Analytics And Information Services India Private Limited (Pipal'), Coalition Development Systems (India) Private Limited (Coalition') and Mercator lnfo-Services India Private Limited (Mercator') with CRISIL Limited (CRISIL' or the Company') and their respective Shareholders and Creditors. (As Per BSE Announcement Dated on 22.09.2016) With reference to the earlier announcement dated September 22, 2016 regarding sanctioning the Scheme of Hon'ble High Court of Judicature at Bombay on September 08, 2016, CRISIL Ltd has now informed BSE that the Scheme has become effective post filing of e-Form INC-28 on October 25, 2016 with the Registrar of Companies / Ministry of Corporate Affairs. (As Per BSE Announcement Dated on 25.10.2016)