13-Jun-2026 03:41:35
CREDITACCGeneral news
CREDITACCESS GRAMEEN LTD. ANNOUNCES DEBENTURE ALLOTMENT
BSE & NSE NOTIFIED OF ALLOTMENT OF 10,000 SENIOR, SECURED, RATED, LISTED, REDEEMABLE, TAXABLE, NON-CONVERTIBLE DEBENTURES. TOTAL NOMINAL VALUE OF THE ISSUE IS INR 100,00,00,000 (INR 100 CRORE). ALLOTMENT WAS APPROVED BY THE EXECUTIVE, BORROWINGS & INVESTMENT COMMITTEE. DEBENTURES HAVE A FACE VALUE OF INR 1,00,000 EACH. DEBENTURES PROPOSED TO BE LISTED ON THE WHOLESALE DEBT MARKET SEGMENT OF BSE LIMITED. ALLOTMENT DATE: JUNE 12, 2026. MATURITY DATE: JUNE 12, 2028 (24 MONTHS TENURE). INTEREST RATE IS PAYABLE MONTHLY AT 3-MONTH MCLR + 90 BPS SPREAD. PRINCIPAL REPAYMENT DUE ON FINAL REDEMPTION DATE. SECURITIES ARE SECURED VIA FIRST RANKING CHARGE ON IDENTIFIED BOOK DEBTS/RECEIVABLES.
CREDITACCESS GRAMEEN LIMITED
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