CreditAccess Grameen Ltd (BSE:541770, NSE:CREDITACC) approved issuance of up to ₹1,500 crore in foreign currency bonds and non-convertible debentures via private placement today. This strategic funding move targets diverse secured/unsecured instruments across domestic and international markets, bolstering its microfinance growth amid robust credit demand.
In a meeting held December 10, 2025 (10:00-11:15 AM IST), the board greenlit the fundraising under SEBI LODR Regulation 30, following an earlier intimation on December 6. Instruments include listed/unlisted bonds and debentures—fixed/floating rate, zero-coupon, subordinated—across multiple tranches/series. This enhances liquidity for the NBFC's expansion in underserved segments.
Key Highlights
Aggregate Limit: ₹1,500 crore (INR 15,00,00,00,000) for bonds and debentures combined.
Bond Listing: Proposed on NSE IFSC Ltd and India INX; debentures may list on BSE/NSE.
Flexibility: Private placement in domestic/foreign markets; tenure, coupon rates per board discretion.
No Defaults: Clean track record on prior payments; no special rights or delays noted.
Strategic Outlook
This capital raise signals confidence in CreditAccess Grameen's portfolio growth, potentially fueling loan book expansion in rural finance. Investors watch for execution details.
Sources: BSE/NSE Filing by CreditAccess Grameen Ltd (Ref: CAGLEQ2025-26132), 10 Dec 2025.