Canara Bank has submitted its quarterly fund utilization disclosure for Q3 FY2025-26, confirming zero deviation in the utilization of funds raised during the quarter ended December 31, 2025. The bank filed the statement in compliance with SEBI (LODR) Regulations 32(1) and 52(7), addressing both equity and debt securities fund utilization requirements.

Fund Raising and Utilization Details

During Q3 FY2025-26, Canara Bank successfully raised funds through the issuance of Basel III Additional Tier 1 bonds. The fund raising details are presented below:

The bank achieved complete utilization of the raised funds, with no deviation from the original intended purposes. The Basel III Additional Tier 1 bonds were issued to strengthen the bank's capital adequacy and support its regulatory capital requirements.

Regulatory Compliance Status

Canara Bank's fund utilization statement demonstrates full compliance with SEBI disclosure requirements. The bank reported the following compliance parameters:

Statement Submission Details

The fund utilization statement was signed by Amit Mittal, General Manager & GCFO, and Santosh Kumar Barik, Company Secretary, on January 29, 2026. The disclosure covers the quarter ended December 31, 2025, and was submitted to both BSE (Scrip Code: 532483) and NSE exchanges.

The bank's transparent reporting of fund utilization reflects its commitment to regulatory compliance and corporate governance standards. The complete utilization of raised funds without any deviation indicates effective capital deployment and adherence to the stated objectives of the fund raising exercise.

Canara Bank has submitted its quarterly Security Cover Certificate for Q3FY26 to stock exchanges, disclosing comprehensive details of its outstanding debt securities portfolio. The submission, made on January 29, 2026, fulfills regulatory requirements under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Outstanding Debt Securities Portfolio

The bank's certificate reveals a substantial portfolio of unsecured non-convertible debt securities totaling ₹50,423.00 crore across 18 different ISIN series. The portfolio comprises various Basel III compliant instruments and long-term bonds issued over multiple financial years.

Regulatory Compliance and Security Cover

The certificate confirms that all debt securities are unsecured in nature, eliminating the requirement for specific asset backing or security cover. As clarified by NSE guidelines, entities with only unsecured debt securities must submit a "NIL" report regarding security coverage requirements.

Statutory auditors K Venkatachalam Aiyer & Co. have certified full compliance with all covenants and terms associated with the listed non-convertible debt securities as of December 31, 2025. The certification covers regulatory obligations under SEBI (LODR) Regulation 54(2) and related circulars.

Certificate Submission Details

Company Secretary Santosh Kumar Barik signed and submitted the disclosure to both BSE (Scrip Code: 532483) and NSE (Scrip Code: CANBK). The submission includes comprehensive documentation covering security cover requirements and covenant compliance status for the quarter ended December 31, 2025.

The bank's diverse debt securities portfolio spans multiple vintage years, reflecting its consistent capital market access for regulatory capital and funding requirements. The largest single issuance is the CB L TB 2034 series with ₹10,000.00 crore outstanding, followed by two Long Term Bond series of ₹5,000.00 crore each.

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