Loan & Debt28 Sept 2026, 06:30 pm
Canara Bank Revises Bond Call Option & Record Dates
AI Summary
Canara Bank has updated its intimation regarding the call option and coupon payment date for its bond with ISIN INE476A08126. The original call option and coupon payment date was Sunday, October 25, 2026. As this is not a business day, the bank will exercise the call option and make the payment on Friday, October 23, 2026. Consequently, the record date for determining entitlement to the coupon and redemption amount has been revised from Friday, October 9, 2026, to Thursday, October 8, 2026. This adjustment is in accordance with the terms of the Placement Memorandum.
Key Highlights
- Call option and coupon payment date moved to Oct 23, 2026.
- Record date revised to Oct 8, 2026.
- Adjustment made due to Oct 25, 2026 not being a business day.
- Action taken as per Placement Memorandum terms.
Price Impact
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