NSEUpdates30 Sept 2026 · 30 Sept 2026, 06:09 pm
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Canara Bank · CANBK
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Canara Bank has informed the Exchange regarding the exercising of call option on its Basel III compliant Additional Tier I Bond (ISIN: INE476A08126) with a principal amount of Rs. 1500 Crore and a coupon rate of 8.40% p.a. The Bank has received necessary approvals from the Reserve Bank of India and has declared 8th October, 2026 as the record date for this purpose.
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Full Announcement
Canara Bank has informed the Exchange regarding 'Exercising of Call Option'.
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CANBK_30092026180913_LettertoSE30092026.pdf
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~ ~ Canara Bank ~
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Ref: SD/312/313/11/12/2026-27 30.09.2026
The Vice President The Vice President
BSE Ltd. Listing Department
Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd
Dalal Street Exchange Plaza
Mumbai - 400 001 Bandra-Kurla Complex, Bandra [E]
Scrip Code: 532483 Mumbai - 400 051
Scrip Code: CANBK
Subject: Exercising of Call Option of Basel III Complaint Additional Tier I Bond
(ISIN: INE476A08126)
Ref : Our Letter reference no’s: SD:441/442/11/12/2025-26 dated 14.01.2026, SD:264/265//11/12/
2026-27 dated 15.09.2026 & SD: 304/305/11/12/2026-27 dated 28.09.2026
Dear Sir/Madam,
In continuation to our above referred letters regarding exercising call option of Basel III compliant
Additional Tier I Bond (ISIN: INE476A08126), the stock exchanges are hereby informed that the Bank
has sent copy of the Call Option notices to the Bondholders (enclosed herewith) today i.e on 30.09.2026.
The details of the Bond are provided hereunder:
Issued Coupon Call
Date of Record Term of
ISIN Instrument Amount Rate option
Issue Date Instrument
(in Rs Cr) (%p.a) Date
INE476A08126 BASEL III AT I 1500 8.40 25-10-2021 23-10-2026 08-10-2026 Perpetual
This is for your information and records.
Thanking You,
Santosh Kumar Barik
Company Secretary
सिचवीय िवभाग Secretarial Department
(cid:366)धान काया(cid:330)लय Head Office F +91 80 22248831
112, जे सी रोड, ब(cid:336)गलू(cid:348) - 560002 112 J C Road, Bengaluru - 560002 T +91 80 22100250
E-Mail - hosecretarial@canarabank.com www.canarabank.bank.in
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Ge~ C a nara Bank ~
"''"'-:1 ., .. -.,, _, ,C"CIII'..,.._ ,-.n,,., .. r.,,...._,,..,.,""""1,.,,...,rt .. •••e
Ref: SD: 307: 2026-27
Date: 30th September, 2026
The Bondholders
Dear Sir/Madam,
Subject: Notice for Exercise of Call Option of Basel Ill Compliant Additional Tier I bond of Rs. 1500 Crore
issued on 25th October 2021, Coupon@ 8.40% Per Annum (ISIN: INE476A08126)
It has been our privilege to have you as a valued Investor in Canara Bank ("Bank") Basel Ill Compliant Additional
Tier I Bond (ISIN INE476A08126), issued on 25th October 2021. As per terms of Information Memorandum, the
Bond carry a coupon rate of 8.40% p.a. payable annually and Bank may exercise call option after the instrument
has run for at least 5 years. This is to bring your kind notice that our Bank has decided to exercise the call
option on 23rd October, 2026 (25th October, 2026 being a holiday).
Bank has received necessary approvals from the Reserve Bank of India vide their letter dated 15th September
2026.
Accordingly, Notice is hereby given with the approval of appropriate authority, that the Bank has decided to
exercise Call Option on the above-mentioned Bond and declared 8th October, 2026 as record date for this
purpose.
In this regard we wish to inform you the following:
• The principal amount together with interest accrued for the period from 25/10/2025 to 24/10/2026 will
be paid on 23.10.2026 (25.10.2026 being a holiday), and the bond will not carry any obligation from the
said call option date.
• After verification and completion of necessary formalities, the amount payable on 23/10/2026 will be
remitted through RTGS/NEFT /Direct Credit in favor of the bond holders in the list of beneficiaries
appearing in the records of NSDL/CDSL in case of Bonds held in demat form as at the closure of Record
Date which is 8th October 2026.
• The Bond shall be taken as discharged on payment of interest cum principal amount by the Bank as
aforesaid. Such payment will be a legal discharge of the liability of the Bank towards the holders of the
subject bond.
• On such payment being made, the Bank will inform NSDL/CDSL and accordingly the Bond in the account
of the Bondholders with NSDL/ CDSL will be extinguished.
• Bank's liability to the Bondholders towards all their rights including for the payment or otherwise shall
cease and stand extinguished from the call option date.
• Payment will be subject to terms contained in the Placement Memorandum.
For any query, please contact our RTA at the address mentioned below:
KFin Technologies Limited
Unit: Canara Bank
Selenium Tower B, Plot No.31-32,
Gachibowli, Financial District,
Nanakramguda,
Hyderabad - 500 032
E-mail: einward.ris@kfintech.com
Toll free: 1800 309 4001
We would like to place on the record our appreciation of your trust and support to the Bank over the years.
Yours Sincerely,
Sd/-
SANTOSH KUMAR BARI K
Company Secretary
t1NicflQ ~~ Sec1-et,1rial Department
~~cITTQ@q HeadI nOteffircne al F +91 80 22248831
112, ~tft-m-, ~- 560002 112 J C Road, Bengaluru - 560002 T +918022100250
E-Mail -hosecretarial@canarabank.com www.canarabank.bank.in