Canara Bank has filed its mandatory shareholding disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, providing detailed information about its promoter shareholding structure for the financial year 2025-26. The disclosure, submitted on April 1, 2026, confirms the Government of India's continued majority ownership in the public sector bank.

Government of India Maintains Majority Stake

The disclosure reveals that the Government of India, acting through the President of India as the promoter, holds a substantial majority stake in Canara Bank. The shareholding details demonstrate the government's continued commitment to maintaining control over this key public sector banking institution.

Regulatory Compliance and Transparency

The filing was made in compliance with Regulation 31(4), 31(5) and other applicable provisions of SEBI regulations. Company Secretary Santosh Kumar Barik, who signed the disclosure documents, confirmed that the bank has fulfilled all regulatory requirements for the financial year 2025-26.

Key compliance highlights include:

• No encumbrances made by the promoter during FY26
• No indirect encumbrances by persons acting in concert
• Complete transparency in shareholding disclosure
• Timely submission of mandatory regulatory filings

Stock Exchange Listings and Market Presence

Canara Bank's shares are listed on both major Indian stock exchanges, providing broad market access for investors. The bank trades under specific scrip codes on each exchange, facilitating easy identification and trading.

Corporate Governance Framework

The disclosure demonstrates Canara Bank's commitment to maintaining high standards of corporate governance and regulatory compliance. The bank's systematic approach to filing mandatory disclosures reflects its adherence to transparency principles and regulatory frameworks governing public sector banks in India.

The Government of India's substantial 62.93% shareholding through 5,70,85,48,390 shares reinforces the bank's status as a key public sector financial institution, ensuring continued government oversight and strategic direction in the banking sector.

Canara Bank has successfully completed its annual interest payment obligation on Basel III compliant Tier II bonds, demonstrating the bank's commitment to timely debt servicing. The payment was executed on March 18, 2026, as per the scheduled timeline communicated to stock exchanges.

Interest Payment Details

The bank paid an annual interest amount of ₹2,984 crore to bondholders on March 18, 2026. The payment was processed through multiple electronic transfer modes to ensure seamless credit to bondholders' accounts.

Bond Characteristics

The bonds are classified as Non-Convertible, Taxable, Subordinated, Fully Paid-up, Unsecured Basel III Compliant Tier II instruments. These bonds form part of the bank's regulatory capital structure under Basel III norms, which require banks to maintain adequate capital buffers.

Payment Mechanism

The interest payment was credited to bondholders' bank accounts through various electronic transfer methods including:

• Real Time Gross Settlement (RTGS)
• National Electronic Funds Transfer (NEFT)
• Indian Banks' Association (IBA) clearing
• Demand Draft (DD) mode

Record Date Adjustment

The bank noted that the original record date of March 3, 2026, fell on a holiday. Following SEBI guidelines, the record date was adjusted to the immediate preceding business day, March 2, 2026. This ensured proper determination of eligible bondholders for the interest payment.

Regulatory Compliance

The payment confirmation was communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 57 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulation mandates timely disclosure of debt servicing activities to maintain transparency with investors and regulatory authorities.