CreditAccess Grameen Ltd. — Board/Management Information 2021

Dec 21, 2021

CreditAccess Grameen Limited

Regd. & Corporate Office

#49, 46[th] Cross, 8[th] Block, Jayanagar, Bengaluru-560070 Phone: 080-22637300 | Fax: 080-26643433 Email: info@cagrameen.in Website: www.creditaccessgrameen.in CIN: L51216KA1991PLC053425

December 21, 2021

To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip code: 541770

National Stock Exchange of India Limited The Exchange Plaza Bandra Kurla Complex, Bandra (East) Mumbai-400051

Scrip code: CREDITACC

Dear Sir/Madam,

Sub: Outcome of the Board Meeting

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III, we hereby inform that based on the approval of the Shareholders at the 30th Annual General Meeting held on July 30, 2021, with regard to further investment by the Company in Madura Micro Finance Limited (MMFL), a Material Subsidiary, up to an aggregate sum of Rs.250 Crores (Rupees Two Hundred and Fifty Crores Only), the Board of Directors at their meeting held today, i.e., on December 21, 2021, have considered and approved further investment in MMFL in the form of Subordinate Debt or Perpetual Debt Instruments (PDIs) or both, up to Rs. 250 Crore, in tranches, in order to support capital adequacy requirement of MMFL, subject to applicable Laws, Rules & Regulations.

Please take this intimation on record.

Thanking you,

Yours Truly

For CreditAccess Grameen Limited

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M. J. Mahadev Prakash Head – Compliance, Legal & Company Secretary

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