CreditAccess Grameen has addressed recent media speculation concerning a potential share sale by its promoters. The company stated that while promoters periodically evaluate liquidity options, the news article is speculative. No decisions regarding a sale have been made, nor have there been discussions regarding investment by the bank mentioned in the report. The company does not comment on speculative media reports.
Response to Market Rumors
CreditAccess Grameen has issued a clarification regarding a news item suggesting a potential sale of shares by its promoters. The company emphasizes that such reports are speculative in nature.
Company Stance
The company maintains that while promoters regularly assess various liquidity alternatives for their holdings, no definitive decisions have been reached concerning the sale of the Company’s shares. No decision has been finalized concerning investment by any bank mentioned in the speculation.
Engagement with Media
As a matter of company policy, CreditAccess Grameen does not engage with media outlets regarding speculative reports or articles.
Awareness of Undisclosed Information
The company states that it is not aware of any non-disclosed information that could explain any movement in the trading of its securities.
Impact of the Article
CreditAccess Grameen asserts that the news articles are baseless and speculative, and therefore have no material impact on the company’s business.
Regulatory/Legal Proceedings
As of February 2, 2026, there are no pending regulatory or legal proceedings relating to the subject matter that require intimation to the stock exchanges.
Commitment to Compliance
CreditAccess Grameen remains committed to full compliance with all applicable laws and regulations.
Source: BSE