Indian Bank has announced the record date for annual interest payment on its outstanding Tier2 Bonds Series III, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank communicated this information to both NSE and BSE through an official notification dated December 22, 2025.

Bond Details and Interest Payment Schedule

The Tier2 Bonds Series III carry specific parameters for the upcoming interest payment cycle:

Payment Date Adjustment

The original due date for interest payment was January 25, 2026. However, due to this date falling on a Sunday (holiday) and January 26, 2026 being a public holiday, the interest payment will be made on the succeeding working day, January 27, 2026. Importantly, no additional interest will be charged for this delay, as per the terms outlined in the offer document.

Record Date Determination

According to the relevant offer document provisions, when the date falling 15 calendar days prior to the interest payment day is a non-business day, the succeeding business day is considered as the record date. This regulatory framework ensures proper settlement procedures while accommodating holiday schedules.

Regulatory Compliance

The announcement fulfills the bank's disclosure obligations under SEBI regulations. Indian Bank has provided this information to both major stock exchanges where it is listed - NSE (Symbol: INDIANB) and BSE (Scrip Code: 532814) - ensuring transparent communication with bondholders and the investment community.

This interest payment represents the bank's commitment to servicing its debt obligations on schedule, maintaining investor confidence in its Tier2 capital instruments.

Indian Bank , a prominent public sector bank, has successfully completed the redemption of its Additional Tier 1 (AT1) Bond Series III worth Rs 560 crore following the exercise of call options. The bank had previously received approval from the Reserve Bank of India (RBI) to exercise call options on three series of AT1 bonds totaling Rs 2,000 crore.

Payment Confirmation Details

On December 12, 2025, Indian Bank confirmed the completion of principal and interest payments for its Basel III Compliant AT1 Bond Series III under SEBI (LODR) Regulations, 2015. The payment details are as follows:

Timing Adjustment for Business Days

The original due date for the call option exercise was December 14, 2025. However, since this fell on a Sunday (holiday) and December 13, 2025 was a non-business day in Mumbai's money market, the payment was made on the immediately preceding business day, December 12, 2025, as per the terms of the offer document.

Complete AT1 Bond Portfolio Overview

The bank had received RBI approval for call options on three series of AT1 bonds with the following structure:

Regulatory Compliance and Transparency

As mandated under Regulation 57 of SEBI (LODR) Regulations, 2015, Indian Bank has formally disclosed the completion of this redemption payment to both NSE and BSE. This regulatory filing ensures complete transparency for all market participants and bondholders regarding the bank's debt securities management.

Capital Structure Impact

The successful redemption of AT1 Bond Series III represents a significant step in Indian Bank's capital management strategy. This move allows the bank to optimize its Tier 1 capital structure while maintaining regulatory compliance and demonstrates proactive financial management in the current market environment.