Crizac Ltd Unit Acquires 51% Stake in UK-Based StudiesPlanet.com

Crizac Ltd, through its wholly-owned subsidiary, has taken a majority 51% stake in StudiesPlanet.com Limited, an established UK company specializing in international student recruitment. This step marks a significant expansion move for Crizac into the global education sector, especially aiming to strengthen presence in Europe and South America.

StudiesPlanet.com, incorporated in 2007, has a recorded turnover of £138,613 as of September 2024 and operates in the international recruitment domain. The shares acquired amount to 510, with the payment planned in one or more cash tranches by March 31, 2026. This acquisition aligns with Crizac's broader strategy to reinforce its global footprint in student recruitment services.

Crizac Limited itself is a global B2B education platform aiding higher education institutions in multiple countries, holding a robust pipeline of student applications and partnerships across continents. This acquisition promises synergistic growth by broadening geographic reach and service capabilities.

Important Points:

51% stake in StudiesPlanet.com acquired by Crizac Ltd (510 shares).

Payment via cash, expected completion by March 31, 2026.

StudiesPlanet.com: UK-based international student recruitment firm, established 2007.

Turnover reported at £138,613 (FY ending Sept 2024).

Acquisition supports Crizac’s global expansion, especially targeting South America.

Sources: NSE Corporate Circular, BSE Filings, ScanX Trade News, Business Standard.