The Karnataka Bank Limited has informed the Exchange regarding 'Fixation of Record Date for payment of annual interest on Tier II Bonds (ISIN:: INE614B08054)'.
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Karnataka Bank has fixed March 13, 2026 as the record date for payment of annual interest on its Tier II Bonds (Series VII, ISIN: INE614B08054). The bonds carry a principal of Rs. 300 crore at a coupon rate of 10.70% per annum, resulting in an interest payout of Rs. 32.10 crore. The interest payment is due on March 30, 2026, which is the 4th anniversary of the bond issue (March 30, 2022). The filing is a routine compliance disclosure under SEBI Listing Regulations.
This is a scheduled interest payment obligation and does not affect the bank's capital structure or equity shareholders. Bondholders on record as of March 13, 2026 will receive the interest, signalling the bank is meeting its Tier II debt servicing commitments on time.