Record Date for payment of yearly interest on Bank''s outstanding Tier 2 Bonds Series III (ISIN-INE428A08051)
INDIANB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indian Bank has fixed 12 January 2026 as the Record Date for the yearly interest payment on its outstanding Tier 2 Bonds Series III (ISIN: INE428A08051) worth Rs. 1,000 crore. The bonds carry an annual interest rate of 8.15%, and the actual interest payment will be made on 27 January 2026, since 25 January (Sunday) and 26 January (Republic Day holiday) are non-working days. No additional interest will be paid for the delayed payment, as per the original terms of the bond issue. This is a routine regulatory disclosure under SEBI listing requirements.
No material impact on shareholders or stock price. This is a routine interest payment disclosure for existing bondholders, confirming timely servicing of debt obligations.