Canara Bank board to consider capital raising plan for FY 2026-27

0 min read     Updated on 28 May 2026, 12:29 AM
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Canara Bank's board is set to meet on June 2, 2026, at its Head Office in Bengaluru to consider and approve a capital raising plan for FY 2026-27, pending necessary approvals. Consequently, the trading window for directors and designated persons will be closed from May 27, 2026, to June 4, 2026, in compliance with SEBI regulations.

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Canara Bank has scheduled a board meeting to consider and approve its capital raising plan for FY 2026-27. The meeting will be held on Tuesday, June 2, 2026, at the bank's Head Office in Bengaluru. The proposed plan is subject to necessary approvals and permissions from relevant authorities.

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's Code of Conduct for Prohibition of Insider Trading, the trading window will remain closed. This restriction applies to directors, designated persons, their relatives, and connected persons dealing in the bank's shares and securities.

The closure period is effective from Wednesday, May 27, 2026, until Friday, June 4, 2026 (both days inclusive).

Meeting Details

Detail Information
Meeting Date June 2, 2026
Location Head Office, Bengaluru
Agenda Capital Raising Plan for FY 2026-27
Trading Window Closure May 27, 2026 to June 4, 2026

Historical Stock Returns for Canara Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+6.35%-4.75%-10.66%+24.82%+348.55%

What specific instruments, such as equity or AT-1 bonds, is Canara Bank likely to utilize for this capital raising?

How will the infusion of capital impact the bank's credit growth and lending expansion plans for FY 2026-27?

What is the expected impact of this capital raising on the bank's Capital Adequacy Ratio (CAR) and regulatory compliance?

Canara Bank discloses promoter holding of 62.93% for FY26

1 min read     Updated on 23 May 2026, 02:08 PM
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Canara Bank disclosed its promoter shareholding for FY 2025-26, confirming the Government of India holds a 62.93% stake. The bank stated no encumbrances were made on these shares during the year.

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Canara Bank has submitted a disclosure to the stock exchanges regarding its promoter shareholding for the financial year 2025-26. The filing was made in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The communication, dated April 1, 2026, confirms the status of the promoter's holding and any encumbrances made during the specified period.

The promoter of the bank is the President of India, representing the Government of India. According to the disclosure, the promoter along with persons acting in concert has not made any encumbrance, directly or indirectly, during the financial year 2025-26. This declaration ensures that the promoter's stake remains free from charges or pledges.

Shareholding Details

The detailed shareholding pattern reveals that the Government of India holds a significant majority stake in the lender. The data provided in the disclosure outlines the specific number of shares held and the corresponding percentage of voting rights.

Shareholding Parameter Number of Shares % of Total Share/Voting Capital
Shares 5,70,85,48,390 62.93
Voting Rights (otherwise than by shares) - -
Warrants - -
Convertible Securities - -
Other Instruments - -
Total 5,70,85,48,390 62.93

The total share capital considered for the calculation includes both the total share capital and the total diluted share capital. The bank's shares are listed on both BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Santosh Kumar Barik, Company Secretary, and submitted from Bengaluru.

Historical Stock Returns for Canara Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+6.35%-4.75%-10.66%+24.82%+348.55%

Will the Government of India consider divesting a portion of its 62.93% stake in Canara Bank as part of its disinvestment agenda for FY 2026-27?

How might a potential reduction in government shareholding below the 51% threshold impact Canara Bank's credit ratings and borrowing costs?

Could Canara Bank pursue capital-raising initiatives such as QIPs or follow-on public offerings that might dilute the government's majority stake in the near future?

More News on Canara Bank

1 Year Returns:+24.82%