The Board of Directors of CreditAccess Grameen has approved the issuance of foreign currency bonds and non-convertible debentures. The decision was made during a board meeting on December 10, 2025. The bond issuance will include various types, potentially listed or unlisted, secured or unsecured. The aggregate limit for the debenture issuance is INR 1500,00,00,000 (Indian Rupees One Thousand and Five Hundred Crores only).
Debt Issuance Approval
CreditAccess Grameen’s Board of Directors convened on December 10, 2025, and approved plans to issue both foreign currency bonds and non-convertible debentures. The bonds and debentures are designed to provide the company with additional financial flexibility and resources for its ongoing operations and future growth initiatives.
Details on Bond Issuance
The board has authorized the issuance of foreign currency bonds of different categories, including those that may be listed or unlisted, secured or unsecured, and with features like subordinated status, fixed or floating interest rates, and zero-coupon options. These bonds will be offered through private placements, potentially in multiple tranches or series.
Details on Debenture Issuance
In addition to bonds, the board has also given the green light for the issuance of non-convertible debentures. These securities can also be listed or unlisted, secured or unsecured, subordinated, and may come with fixed or floating rates, or as zero-coupon instruments. The debentures will also be issued via private placements, in one or more tranches or series, in domestic and/or foreign markets. The maximum aggregate value for the debenture issuance is capped at INR 1500,00,00,000 (Indian Rupees One Thousand and Five Hundred Crores). This announcement has been made on December 10, 2025.
Source: BSE
