CreditAccess Grameen Limited has completed the allotment of equity shares under its Employee Stock Option Plan (ESOP), distributing 49,295 shares to eligible employees who exercised their stock options.

ESOP Allotment Details

The Executive, Borrowings and Investment Committee of the Board of Directors approved the allotment of these equity shares to 12 eligible employees under the company's Employees Stock Option Plan - 2011. The allotment represents the exercise of stock options by qualifying personnel within the organization.

Key Beneficiary

Among the 12 employees who received the ESOP allocation, Mr. Udaya Kumar Hebbar, Non-Executive Director and Former Managing Director of the company, was specifically mentioned as one of the beneficiaries. His inclusion demonstrates the company's commitment to rewarding key leadership personnel who have contributed to the organization's growth.

Share Rights and Status

The newly allotted ESOP shares will carry the same rights and privileges as the existing equity shares of the company. These shares rank pari-passu with all outstanding equity shares, ensuring that ESOP beneficiaries receive equal treatment in terms of voting rights, dividend entitlements, and other shareholder benefits.

Regulatory Compliance

The allotment was conducted in accordance with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both BSE Limited and National Stock Exchange of India Limited about this corporate action, maintaining transparency with regulatory authorities and the investing public.

CreditAccess Grameen Limited has announced the successful completion of its USD 40 million non-convertible bond issuance, marking a significant milestone in the company's fundraising activities. The microfinance institution informed stock exchanges on March 18, 2026, about the completion of this dollar-denominated debt instrument offering.

Bond Structure and Terms

The bond issuance consists of 4,000 secured, rated, and listed non-convertible bonds, each carrying a face value of USD 10,000. The total issue size aggregates to USD 40,000,000, representing a substantial capital raising exercise for the company.

Interest and Payment Structure

The bonds carry an attractive interest structure with a coupon rate set at 240 basis points plus Term SOFR, to be determined on the quotation day. This floating rate mechanism ensures that the interest payments remain aligned with prevailing market conditions.

Security and Collateral

The bonds are backed by robust security arrangements to protect investor interests. The issue is secured by an exclusive first ranking and continuing charge created through hypothecation over specific loan receivables and book debts, both present and future. This security structure will be formalized through an unattested deed of hypothecation executed by the issuer in favor of the trustee for the benefit of bondholders.

Regulatory Compliance

The bond issuance follows the company's earlier intimation to stock exchanges dated December 10, 2025, demonstrating adherence to regulatory disclosure requirements under SEBI Listing Regulations. The completion of this issuance represents the fulfillment of the company's previously announced fundraising plans.

The successful completion of this USD 40 million bond issuance provides CreditAccess Grameen with additional capital resources to support its microfinance operations and business expansion activities. The 60-month tenure offers the company a medium-term funding solution while the NSE IFSC listing provides liquidity options for investors.

Source: None/Company/INE741K01010/d147598f-365c-42b1-805f-43ea10c3fc51.pdf