Payment of Annual Interest on Bonds - INE565A08050
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Indian Overseas Bank has paid annual interest on its BASEL III Tier-II Bonds (ISIN: INE565A08050) on the due date of 24 March 2026. The total interest paid was Rs. 90 crore on bonds with an issue size of Rs. 1,000 crore. The record date was 9 March 2026, and the payment was made on time with no delays or change in frequency. This is a routine regulatory disclosure under SEBI Listing Regulations confirming timely servicing of debt obligations.
No material impact on shareholders. The timely interest payment reflects the bank's adherence to its debt servicing schedule and maintains investor confidence in its bond instruments, but does not directly affect the equity stock price.