Crisil Limited has formed the "ESG Rating Providers Association," an industry association for SEBI-registered ESG Ratings Providers.

This association is established under Section 8 as a company limited by guarantee, with no share capital.

The Certificate of Incorporation was received from the Ministry of Corporate Affairs, and the association is effective immediately.

This new entity is expected to create a collaborative platform for stakeholders in the ESG ratings space, potentially enhancing Crisil's influence and strategic positioning within the industry.

Investors should monitor developments from this initiative for possible positive implications on market engagement and service offerings.