CREDITACCESS GRAMEEN LIMITED — Board Meeting, 24-01-2025: Outcome of Board Meeting

The Board of Directors of CreditAccess Grameen Limited has convened a meeting to approve the financial results for the quarter and nine months ended December 31, 2024. Key highlights include total revenue from operations of ₹1,380.38 crore, marking a decline from the previous quarter. The company reported a loss before tax of ₹128.93 crore and a net loss of ₹99.52 crore for the quarter. Additionally, the Board granted 15,57,900 stock options to eligible employees and announced the launch of two new products: the Digital Handle for Customers via the MAHI App and an Affordable Housing Loan.