| 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 |
|
 |
| 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 |
|
 |
| 1996-97 |
|
 |
| 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 |
| › |
|
|
 |
| 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 |
| › |
|
| › |
|
| › |
|
|
 |
| 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. |
| › |
|
| › |
Inter-company agreements signed between CRISIL and Standard & Poor's - CRISIL now known as a Standard & Poor's Company |
|
 |
| 2007 |
| › |
|
| › |
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 |
| › |
|
|