S&P acquires additional 49% Crisil stake

S&P India LLC has acquired 31,20,948 shares of Crisil at the enhanced open offer price of Rs 775 per share. This was announced in a release issued by Crisil to the BSE today.

"The holding of 31,20,948 shares account for 49.07% of Crisil's paid-up equity capital comprising 63,60,750 shares as on February 17, 2005. The holding is excluding 6 lakh shares amounting to 9.43% held by S&P International LLC," the release added.