Announced Fri, 22 Aug · 18:24 IST
Indian Overseas Bank has informed the Exchange regarding 'Fixation of Record date for Basel III Tier II Bonds Series III'.
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IOB · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian Overseas Bank has fixed 6 September 2025 as the record date for payment of coupon on its 9.0802% Basel III Tier II Bonds Series III (ISIN: INE565A08035). The coupon of 9.0802% will be paid to bondholders on 24 September 2025. This is a routine regulatory disclosure under SEBI Listing Regulations, confirming an upcoming interest payment on existing bonds.
Likely market impact
This is a scheduled bond coupon payment and does not affect equity shareholders directly. It signals timely servicing of the bank's Tier II capital instrument, which is a routine obligation and neutral for the stock.