BSECompany Update21h ago · 30 Oct 2026, 07:13 pm
Call option
Canara Bank · 532483
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Canara Bank has exercised the call option on its Basel III compliant Additional Tier I Bond (ISIN: INE476A08134) with a principal amount of Rs. 1500 Crore and a coupon rate of 8.05% p.a. The bond will be redeemed on 2nd December 2026, and the record date for this purpose is 17th November 2026.
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Full Announcement
Canara Bank - 532483 - Exercising Of Call Option Of Basel III Complaint Additional Tier I Bond
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~ ~ Canara Bank ~
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Ref: SD/371/372/11/12/2026-27 30.10.2026
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: INE476A08134)
Ref: Our letters reference no’s: SD:441/442/11/12/2025-26 dated 14.01.2026
SD:248/249/11/12/2026-27 dated 03.09.2026 & SD:363/364//11/12/2026-27 dated 27.10.2026
Dear Sir/Madam,
In continuation to our above referred letters regarding exercising call option of Basel III
compliant Additional Tier I Bond (ISIN: INE476A08134), the Stock Exchanges are hereby
informed that the Bank has Call Option notices to Bondholders (copy enclosed herewith) today
i.e on 30.10.2026. The details of the Bond are provided hereunder:
Issued Coupon
Date of Call option Record Term of
ISIN Instrument Amount Rate
Issue Date Date Instrument
(in Rs Cr) (%p.a)
BASEL III
INE476A08134 1500 8.05 02-12-2021 02-12-2026 17-11-2026 Perpetual
AT I
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 JC Co Rnofaidd,e Bnetniagalluru - 560002 T +91 80 22100250
E-Mail - hosecretarial@canarabank.com www.canarabank.bank.in
~ ~ Canara Bank
..._11.._~ ~;t-(K.f,f'C ._, - ,r.;-,-. A Go_r.....,-,t o4 1.-c:11 .. U••·-..-~~e
Ref : SD: 366 : 2026-27 Date: 30th October, 2026
The Bondholders
Dear Sir/Madam,
Subject: Notice for Exercise of Call Option of Basel III Compliant Additional Tier I bond of Rs. 1500 Crore
issued on 2nd December 2021, Coupon@ 8.05% Per Annum (ISIN: INE476A08134)
It has been our privilege to have you as a valued Investor in Canara Bank (“Bank”) Basel III Compliant
Additional Tier I Bond (ISIN INE476A08134), issued on 2nd December 2021. As per terms of Information
Memorandum, the Bond carry a coupon rate of 8.05% 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 2nd December, 2026.
Bank has received necessary approvals from the Reserve Bank of India vide their letter dated 27th October 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 17th November, 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 02/12/2025 to 01/12/2026 will be
paid on 02.12.2026, 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 02/12/2026 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
17th November 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 Barik
Company Secretary
mtema1
सिचवीय िवभाग Secretarial Department
(cid:366)धान काया(cid:330)लय Head Office F +91 80 22248831
Internal
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