What to Watch. Crisil board to discuss buyback proposal

The board of Crisil is meeting on Tuesday to consider a share buyback programme. Analysts will be keen to know about the quantum and the price of the buyback. Two years back, promoter McGraw Hill Financial through a voluntary open offer had raised its stake in Crisil to 67.84 per cent at ₹1,210 a share. Currently, a little over 16,000 individual shareholders, including HNIs, own 13.14 per cent stake in Crisil while FIIs hold 7.44 per cent stake.