Sanjay Rudra ceases to be Executive Director of Union Bank of India
Sanjay Rudra ceased to be the Executive Director of Union Bank of India following the completion of his tenure on June 30, 2026. Consequently, he is no longer a Director on the Bank's Board effective July 01, 2026. The Bank informed the exchanges in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Sanjay Rudra ceased to be the Executive Director of Union Bank of India following the completion of his tenure on June 30, 2026. Consequently, he is no longer a Director on the Bank's Board effective July 01, 2026. The transition marks the end of his tenure at the public sector lender.
The Bank informed the exchanges in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed the cessation of Rudra's directorship duties effective from the start of the new financial year.
| Event | Date |
|---|---|
| Tenure Completion | June 30, 2026 |
| Cessation as Director | July 01, 2026 |
Historical Stock Returns for Union Bank of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.70% | -6.65% | +0.25% | +4.08% | +6.32% | +317.64% |
Who will be appointed as the successor to fill the vacancy left by Sanjay Rudra?
How will this leadership transition impact Union Bank of India's strategic initiatives?
What are the market's expectations regarding the bank's performance under the new leadership?
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