Credit Confirmation of Annual Interest payment - Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - ISIN: INE476A08233
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Canara Bank confirmed that it has paid the annual interest on its Long-Term Infrastructure Bonds (ISIN: INE476A08233) on the due date of 19 July 2025. The bonds carry a coupon rate of 7.40% and the interest amount of Rs. 740 crore was credited to bondholders' bank accounts via RTGS/NEFT. This disclosure is filed under SEBI Regulation 57 to formally certify the timely payment. The total issue size of these bonds is Rs. 10,000 crore. No delays or changes in frequency were reported.
This is a routine, positive confirmation that Canara Bank met its interest obligation on time, signalling healthy cash flow and good standing on its debt commitments. For shareholders, it reflects creditworthiness and disciplined servicing of liabilities, with no material effect on stock price expected.