CreditAccess India B.V. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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CreditAccess India B.V., the promoter entity of CreditAccess Grameen Limited, has filed a disclosure with BSE and NSE confirming that no encumbrance (pledge) on the company's shares was created directly or indirectly during the Financial Year ended March 31, 2026. This is a routine regulatory filing required under SEBI's takeover regulations, where promoters must disclose their pledge status. The declaration is signed by Koen J. Slubhe, CEO and Authorised Signatory of CreditAccess India B.V., which is based in Amsterdam, Netherlands.
The absence of new share pledges by the promoter is a positive signal for minority shareholders, as it indicates the promoter has not leveraged their holding for additional borrowing, reducing potential dilution or forced sale risks.