Karnataka Bank Ltd has successfully completed its annual interest payment obligation on Subordinated Debt Instruments (Tier 2 Bonds) Series VII, demonstrating continued compliance with regulatory requirements and commitment to bondholders.

Interest Payment Details

The bank paid Rs 32.10 crore as annual interest on March 30, 2026, exactly on the scheduled due date. This payment relates to Tier 2 Bonds with ISIN INE614B08054, which have a total issue size of Rs 300.00 crore. The interest payment record date was set as March 13, 2026.

Regulatory Compliance

The payment was made pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Karnataka Bank also complied with the terms of Chapter XI of SEBI Circular No.: SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025.

The bank maintained its established yearly payment frequency without any changes to the payment schedule. There were no delays or issues reported in the interest payment process.

Payment History

The previous interest payment on these bonds was made on March 31, 2025. The payment was made on March 31 instead of March 30, 2025, because March 30, 2025, was a non-business day as per the business day convention specified in the issue terms.

Bond Structure

The Subordinated Debt Instruments qualify as Tier 2 capital for the bank under regulatory guidelines. These bonds form part of Karnataka Bank's capital structure and help strengthen its regulatory capital ratios. The timely payment demonstrates the bank's financial stability and adherence to its debt servicing obligations.

Karnataka Bank Limited has successfully completed its scheduled meetings with analysts and institutional investors on March 18, 2026, in Mumbai. The meetings were organized by Ernst & Young LLP in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Meeting Execution and Outcomes

The investor meetings were conducted as planned at the EY Office, Ruby Building, Dadar, Tulsi Pipe Road, Mumbai, from 10:00 AM to 5:00 PM on March 18, 2026. The bank's representatives participated in interactions through multiple formats including both group meetings and one-on-one sessions with institutional investors and analysts.

Participant Details

The meetings saw participation from 13 prominent institutional investors and analysts, representing major asset management companies and securities firms. The participant list included established names from the investment community.

Information Sharing and Compliance

Karnataka Bank maintained strict adherence to regulatory guidelines during the meetings. Only information available in the public domain was shared and discussed with participants. The bank's Q3FY2025-26 investor presentation, which was already uploaded on the bank's website and filed with stock exchanges, served as the primary reference material for all discussions.

Regulatory Disclosure

The bank filed the outcome disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, ensuring complete transparency with stakeholders. The disclosure was made by Company Secretary & Compliance Officer Sham K, maintaining the bank's commitment to regulatory compliance and investor transparency.