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We share with you, key milestones from our journey.
 
Year Milestone
1987
CRISIL is incorporated
Pradip Shah is Managing Director
1987-88 Commences the rating of Companies
1990-91
Establishes the Information Services Group
1991-92
Provides technical assistance and training to Rating Agency Malaysia Berhard and MAALOT, the Israeli Securities Rating Company Ltd.
1993-94
Makes public offering of 20,00,000 equity shares of Rs. 10 each at a premium of Rs. 40 per share. The offer is oversubscribed by 2.47 times
1994-95
Mr. R Ravimohan takes over as Managing Director
Sets up the Advisory Services Group
1995-96
Forges a strategic alliance with Standard & Poor's Ratings Group.
1996-97
Standard & Poors' acquires 9.68% shareholding in CRISIL
1997-98
Sets up IISL, a Joint Venture between CRISIL and National Stock Exchange for undertaking index business and related activities. The new Company enters into a Consultancy and Licence Agreement with Standard & Poors'
1998-99
Develops a framework for rating debt obligations supported by credit enhancements based on overseas guarantees called Foreign Structured Obligations
Launches the Risk Assessment Model (RAM)
Develops a web presence, launches the official website
1999-2000
Acquires the business of Information Products and Research Services (India) Pvt. Ltd. alongwith its brand INFAC
Secures the Certificate of Registration under SEBI (Credit Rating Agencies) Regulations, 1999
2001-2002
Launches CRISIL MarketWire, a real-time financial news service
Launches Mutual Fund Composite Performance Rankings (CRISIL CPRs), Fund Risk Analytics Model and CRISIL Mutual Funds Portfolio Tracker
2003-2004
Change of name of the company from "The Credit Rating Information Services of India Limited" to "CRISIL Limited"
Rates the first CDO transaction of working capital facilities in the Asia Pacific
Acquires Gas Strategies Group Limited (earlier known as EconoMatters Limited), a London-based company engaged in gas consulting, information and training/conferences
AMFI mandates CRISIL to provide daily fund indices as benchmarking standards for the mutual fund industry
2004-2005
S&P acquires 3,120,948 equity shares of CRISIL from CRISIL shareholders through an Open Offer taking S&P holding in CRISIL to 58.46%
CRISIL Board approves proposal to acquire Irevna group of companies
2006
CRISIL constitutes a new team to achieve greater integration with Standard & Poor's (S&P) in brand franchise, market development and sales efforts.
Irevna ranked the top investment research outsourcing firm by buy-side firms according to a recent survey by the Brown-Wilson Group; sets up second delivery centre in Buenos Aires
Inter-company agreements signed between CRISIL and Standard & Poor's - CRISIL now known as a Standard & Poor's Company
2007
CRISIL transfers its advisory business (CRISIL Infrastructure Advisory and CRISIL Investment & Risk Management Services) into a 100% subsidiary CRISIL Risk and Infrastructure Solutions Limited.
CRISIL's subsidiaries CRISIL Research & Information Services Limited (CRIS), Global Data Services of India Limited, CRISIL Properties Limited and Irevna Research Services Limited merged into CRISIL Limited (CRISIL).
Ms. Roopa Kudva takes over as Managing Director & CEO of CRISIL following Mr. R. Ravimohan's appointment as Managing Director & Region Head of Standard & Poor's South Asia
2008
CRISIL launches its formal sustainable development programme for Corporate Social Responsibility
Launches the CRISIL Complexity Levels Service - an initiative aimed at strengthening Indian capital markets through greater transparenct for investors
2009
Assigned over 7400 new ratings in 2009 including 2268 Bank Loan Ratings (BLRs), and 5178 Small and Medium Enterprise (SME) Ratings
Launched a first-of-its-kind publication, India's Top 50 Microfinance Institutions, profiling the leading microfinance institutions in India
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