CreditAccess Grameen Limited announced today, August 06, 2026, that its promoter, CreditAccess India B.V. (“CAI”), has sold 36,57,500 equity shares. This represents 2.28% of the company’s outstanding paid-up share capital and was executed through a block deal in the open market. The sale aims to provide liquidity to long-term investors and enhance the company’s free float.
Promoter Sells Significant Stake
CreditAccess Grameen Limited has informed the stock exchanges that its promoter, CreditAccess India B.V. (“CAI”), has divested a portion of its shareholding. On August 06, 2026, CAI sold 36,57,500 equity shares in CreditAccess Grameen Limited. This transaction constitutes 2.28% of the company’s outstanding paid-up share capital as of June 30, 2026.
Transaction Details and Objectives
The sale of shares was conducted through a block deal in the open market. According to the company, this strategic move was undertaken to provide much-needed liquidity to long-term investors of CAI. Furthermore, the objective behind this transaction is to enhance CreditAccess Grameen’s free float and broaden the institutional ownership base within the company. CreditAccess India B.V. has reaffirmed its commitment to the long-term vision of CreditAccess Grameen Limited.
Source: BSE
