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Saurabh Tyagi--Clovek,Advisory

29th Jun · SEBI-Registered Analyst

$CREDITACC

$CREDITACC has raised ₹425 crore through a private placement of NCDs across two tranches, reflecting strong institutional demand. The issue was oversubscribed, prompting the company to exercise its ₹125 crore greenshoe option. The funds strengthen its borrowing profile without diluting equity while supporting future loan growth and improving asset-liability management.

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