Description

BSE seeks clarification from CreditAccess Grameen Limited regarding news articles appearing in various media outlets to verify accuracy and inform investors.

Summary

BSE has sought clarification from CreditAccess Grameen Limited (Scrip Code: 541770) regarding news articles appearing in newspapers, websites, and television channels. The exchange initiated this action to verify the accuracy of news reports and keep members and investors properly informed. As of February 2, 2026, the reply from the company is awaited.

Key Points

  • BSE Surveillance department has requested clarification from CreditAccess Grameen Limited
  • The clarification pertains to news articles in various media channels including newspapers, websites, and television
  • Company scrip code: 541770
  • News source referenced: https://www.moneycontrol.com
  • Reply status: Awaited as of circular date
  • Notice issued by Surveillance department (Sanjay Jain and Soumil Shah, Deputy Vice Presidents)

Regulatory Changes

No regulatory changes announced. This is a standard surveillance procedure to verify media reports.

Compliance Requirements

  • CreditAccess Grameen Limited is required to provide clarification to BSE regarding the news articles
  • The company must respond to the exchange’s inquiry to ensure accurate information dissemination to investors

Important Dates

  • Notice Date: February 2, 2026
  • Reply Status: Awaited (no specific deadline mentioned in circular)

Impact Assessment

Market Impact: Medium - The circular itself does not disclose the content of the news articles, creating uncertainty for investors until clarification is received. Standard surveillance action to maintain market integrity.

Investor Impact: Investors holding CreditAccess Grameen shares should monitor for the company’s response to understand whether the news articles contain material information.

Operational Impact: Low - This is a routine surveillance measure by the exchange. No trading restrictions or immediate actions are indicated.

Impact Justification

Standard surveillance procedure seeking company clarification on media reports; reply awaited, so no immediate market impact but important for investor transparency