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CreditAccess Grameen Ltd.

BSE: 541770 Sector: Financials
BSE 00:00 | 24 Apr CreditAccess Grameen Ltd
NSE 05:30 | 01 Jan CreditAccess Grameen Ltd

Announcement under Regulation 30 (LODR)-Updates on Acquisition

April 1, 2020, 3:41 pm | Source: BSE

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and with reference to our disclosure dated March 18 2020 informing the Exchanges about acquisition of 75.64% of the Share capital of MMFL by the Company we wish to update you that the Company has now additionally acquired 0.42% of the share capital of MMFL. Consequent to this the Company has acquired 5472670 equity shares of Rs. 10 each constituting 76.06% of the Share Capital of MMFL a subsidiary of the Company.

The aforesaid acquisition is part of 76.34% acquisition approved by the Board of Directors on November 27 2019 and December 4 2019.