CreditAccess Grameen Limited announced that its Board of Directors has approved raising up to Rs 1,500 crore through the issuance of a mix of foreign currency bonds and non-convertible debentures on a private placement basis. The decision was taken at the board meeting held on December 10, 2025.
The company said it will be authorised to issue foreign currency bonds—including subordinated, fixed-rate, floating-rate and zero-coupon bonds—across one or more tranches. It will also issue non-convertible debentures (NCDs) of various categories, secured or unsecured, in both domestic and international markets.
According to the disclosure, the total fundraising limit for these instruments has been capped at Rs 1,500 crore. The instruments may be listed on the NSE IFSC (NSE IX) or India INX in the case of foreign currency bonds, while NCDs may be listed on the BSE or NSE depending on the issuance.
The meeting commenced at 10:00 AM and concluded at 11:15 AM, the company confirmed.
The details were disclosed in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, read with the SEBI Master Circular dated November 11, 2024.