
Shareholding7 Aug 2026, 10:48 am
CreditAccess Grameen Promoter Sells 2.28% Stake
AI Summary
CreditAccess India B.V., the promoter of CreditAccess Grameen Limited, has sold 36,57,500 equity shares, representing 2.28% of the company's outstanding paid-up share capital. The sale was conducted through a block deal in the open market on August 6, 2026. This move aims to provide liquidity to investors of CreditAccess India B.V., enhance the company's free float, and broaden institutional ownership. The promoter reaffirms its commitment to the company's long-term vision. Following the sale, CreditAccess India B.V.'s holding in CreditAccess Grameen has reduced from 66.21% to 63.93% of the total share capital.
Key Highlights
- Promoter CreditAccess India B.V. sold 2.28% stake.
- Sale executed via open market block deal.
- Objective: enhance free float and institutional ownership.
- Promoter reaffirms long-term commitment to the company.
- Post-sale promoter holding reduced to 63.93%.
Price Impact
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