CreditAccess Grameen Limited has allotted 32,500 senior, secured, rated, listed, redeemable, transferable, taxable, non-convertible debentures (NCDs) aggregating ₹325 crore on a private placement basis. The allotment was approved by the Executive, Borrowings & Investment Committee of the Board of Directors on June 24, 2026. The issuance aims to raise capital through debt instruments secured by the company's assets.

The NCDs have a face value of ₹1,00,000 each and carry a fixed coupon rate of 9.25% per annum, payable quarterly. The instruments are secured by way of a first ranking exclusive and continuing charge over certain identified book debts and receivables of the company. The value of the hypothecated assets will be maintained at least 1.10 times the outstanding principal amount along with accrued interest until full redemption.

Key Details of the Allotment

The debentures are proposed to be listed on the Wholesale Debt Market segment of BSE Limited. The tenure of the instrument is 24 months and 2 days from the deemed date of allotment, with a final redemption date set for June 26, 2028. The total issue size was up to ₹400 crore, including a green shoe option of ₹200 crore, of which ₹325 crore has been currently allotted.

In the event of a payment default, the company has agreed to pay penal charges at 2% per annum over the prevailing interest rate on the outstanding principal amounts. The debentures will be redeemed on a pari passu basis on the final redemption date. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

credit access grameen has announced its schedule of investor meetings to be held in Hong Kong on June 24 and June 25, 2026. The meetings are conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, to engage with institutional investors.

The revised schedule features interactions with asset management firms such as Schroders, Invesco (Asia), and Barings. The modes of engagement are physical across different locations in Hong Kong.

Investor Meeting Schedule

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited. Deepti Ramani, Company Secretary & Compliance Officer, signed the intimation on June 23, 2026.