This is a regulatory disclosure from Canara Bank, addressed to BSE Limited and the National Stock Exchange of India Ltd, informing them of a significant capital structure action.
The Reserve Bank of India (RBI) has granted permission to the bank to exercise a call option on its Basel III Compliant Additional Tier I (AT1) Bonds. The approval was communicated via a letter dated 27 October 2026. The specific bonds in question are identified by the International Securities Identification Number (ISIN) INE476A08134.
The total amount of bonds for which the call option is being exercised is ₹1,500 Crore. The RBI's approval is explicitly subject to the original terms of the bond issue and all other applicable laws and regulations.
The bank states that it is now in the process of exercising this call option in accordance with those terms of issuance. This disclosure is made for the information and records of the stock exchanges.