1he CredlL 8aLlng lnformaLlon Servlces of lndla LlmlLed (C8lSlL)ţ was lncorporaLed on !

anuary 29ţ as a
Þubllc LlmlLed Companyţ was promoLed by leadlng flnanclal lnsLlLuLlonsţ and a hosL of naLlonallsed
8anksţ forelgn 8anks and prlvaLe secLor 8anksţ wlLh Lhe maln promoLers belng 1he lndusLrlal CredlL
and lnvesLmenL CorporaLlon of lndla LlmlLed (lClCl)ţ unlL 1rusL of lndla (u1l) and Pouslng
uevelopmenL llnance CorporaLlon LlmlLed (PulC)Ŧ 1he Companyţ whlch obLalned Lhe CerLlflcaLe of
CommencemenL of 8uslness on 3rd MarchŦ

About Pesearch
CFÌSÌL Fesearch Is ÌndIa's largest Independent research house. Through constant InnovatIon, and
comprehensIve research offerIngs, coverIng the economy, Industry and companIes, CFÌSÌL Fesearch meets
the requIrements of more than 750 ÌndIan and global clIents. Apart from off·the·shelf research reports,
CFÌSÌL also provIdes IncIsIve, customIsed research that allows clIents to take Informed busIness and
Investment decIsIons.
ComprehensIve research coverage on around 65 IndustrIes and 150 corporates makes CFÌSÌL a preferred
servIce provIder to
0º of ÌndIa's commercIal banks
of the world's largest consultIng fIrms
All the leadIng brokers, Investment banks and prIvate equIty players
CRISIL Researcb Services:
CFÌSÌL Fesearch provIdes the most comprehensIve and Independent coverage on ÌndIan economy, IndustrIes
and companIes. ThIs Integrated offerIng of research under these three vertIcals along wIth customIzed
research Is one of the key dIfferentIators of CFÌSÌL Fesearch ·

Lconomy kesearchť Covers an In depth analysIs of short and medIum term trends and outlook on key
macro·economIc varIables, events, polIcIes and key economIc Issues.

Industry kesearchť Covers detaIled research on around 65 IndustrIes. These reports are eIther ongoIng
research reports on varIous IndustrIes or are specIal detaIled analysIs on topIcal sectors such as real estate,
Infrastructure, logIstIcs, and S|E, and on emergIng segments of the economy.

Company keportsť Covers data analysIs of the top·150 lIsted companIes.

Custom|sed kesearchť CFÌSÌL's customIsed research solutIons facIlItate Informed busIness decIsIons by
undertakIng studIes lIke Project FeasIbIlIty, |arket SIzIng, 0emand EstImatIons, CustomIsed CredIt reports,
FegIonal demand and growth strategIes.

orporate Covernance

Slnce lncepLlonţ C8lSlL has proLecLed Lhe lnLeresLs of sLakeholders by upholdlng Lhe prlnclples of
Lransparencyţ falrnessţ dlsclosure and accounLablllLyŦ We conLlnue Lo adopL Lhe besL global pracLlces
ln corporaLe governance and dlsclosure sLandardsţ Lhus enhanclng shareholder valueŦ
lacLs relaLed Lo communlcaLlon sysLem of Crlsll lndla
O 1wo dlfferenL Leam for lnLernal and exLernal communlcaLlonŦ
O lor corporaLe governance a separaLe cell head MsŦ MlLu Samar
O lor lnLernal communlcaLlon MA?A
O 1hey have separaLe commlLLee aL deparLmenLal levels LooŦ
O -o deflnlLe procedure for Lelllng and explalnlng Lhe vlslon and mlsslon of Lhe companyŦ
lL's glven on Lhe webslLe and menLloned durlng lnducLlonŦ
O 8L8 Llmes an lnLernal Lablold ls publlshed weekly and dlsLrlbuLed wlLhln Lhe organlzaLlonŦ lL
dlscusses employee performancesţ Lrends ln Lhe economy and oLher lndusLry relaLed newsŦ
O 1hey also publlsh company lnformaLlon llke revenueţ budgeLţ cosLţ eLcŦ on Lhe dash boardŦ
O lor 8oard of ulrecLors Mu whlch ls Lhe revenue reporL ls publlshed on weekly or monLhly
baslsŦ
O 1he lnformaLlon flow ls Lop Lo boLLom for maLLers llke raLlng ţ budgeLţ eLcŦ
O 1he organlzaLlon sLrucLure ls flaLŦ
O 1he organlzaLlon follows open door pollcyŦ
O 1he communlcaLlon ls noL very formalŦ
O CommunlcaLlon skllls are qulnLessenLlal and Lhey have lnŴhouse Lralners and ouLslde
professlonals for updaLlonŦ

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