Disclosure under Regulation 57 of SEBI (LODR) Regulations, 2015 - Confirmation of payment of Interest on Debt Securities, Long Term Infrastructure Bonds Series I (ISIN -INE562A08099) on due date
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Indian Bank has confirmed timely payment of annual interest on its Long Term Infrastructure Bonds Series I. The bond has an issue size of Rs. 5,000 crore, and the bank paid Rs. 362 crore as interest on the due date. The original due date of 13 September 2025 fell on a holiday (2nd Saturday), so payment was made on the next business day, 15 September 2025, with no penalty or additional interest. This is a routine compliance disclosure under SEBI LODR Regulations, 2015, confirming the bank met its debt servicing obligations on schedule.
This is a routine, on-schedule interest payment disclosure with no negative implications for shareholders. It reflects that Indian Bank continues to service its infrastructure bond obligations in a timely manner, which is a neutral-to-positive signal for bondholders. No material impact expected on the stock price.