StockWatch
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Public Sector Bank
Board Meeting29 Aug 2026, 06:50 pm

Canara Bank Board Meeting on Sep 3 to Consider Fund Raising

AI Summary

Canara Bank has announced that its Board of Directors will convene on September 3, 2026, to consider and approve raising foreign currency funds. This will be done through the issuance of Senior Unsecured Foreign Currency Bonds or Medium Term Note (MTN) Bonds under its existing MTN Programme. Concurrently, the trading window for the bank's directors and designated persons will be closed from August 31, 2026, to September 5, 2026, inclusive, in compliance with SEBI regulations.

Key Highlights

  • Board meeting scheduled for September 3, 2026.
  • Purpose: To consider and approve foreign currency fund raising.
  • Method: Issuance of Senior Unsecured Foreign Currency Bonds/MTN Bonds.
  • Trading window closed from August 31 to September 5, 2026.