Canara Bank announces Basel III bond redemption, interest details

Canara Bank has informed stock exchanges regarding the redemption and interest payment due date for its Basel III Compliant Tier II Bonds, issued on a private placement basis. The announcement, dated November 21, 2025, details that the annual interest payment and redemption for these bonds are due in January 2026. This notification is issued as per Regulation 50 and 60(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The specific bonds in question have the ISIN INE476A08043, an issued amount of INR 900.00 Cr, and carry an interest rate of 8.40%. The redemption and interest due date is set for January 07, 2026. To determine the eligible bondholders who will receive interest and principal from Canara Bank on this due date, a record date has been fixed for December 23, 2025.

This information is crucial for bondholders and market participants, ensuring transparency regarding the financial obligations of Canara Bank. The communication was sent to the vice presidents of both BSE Ltd. and the Listing Department of the National Stock Exchange of India Ltd.