Union Bank of India has submitted its mandatory disclosure under SEBI (SAST) Regulations, revealing the promoter shareholding position as of March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Promoter Shareholding Details

The bank disclosed that the President of India, acting as the promoter, held a substantial stake in the institution as of March 31, 2026. The shareholding details are presented below:

Share Encumbrance Status

The bank confirmed that the promoter has maintained a clean shareholding position throughout the financial year. No encumbrance of shares was made by the President of India, either directly or indirectly, during the financial year ended March 31, 2026.

Regulatory Compliance

This disclosure was made pursuant to the provisions of Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The communication was formally submitted to both major stock exchanges on April 2, 2026:

• BSE Limited (Scrip Code: 532477)
• National Stock Exchange of India Limited (Symbol: UNIONBANK-EQ)

The disclosure was signed by Ashish Mishra, Company Secretary of Union Bank of India, ensuring proper authorization and compliance with regulatory requirements.

Union Bank of India has announced significant changes in its senior management structure with the elevation of three General Managers to Chief General Manager positions. The promotions take effect from April 1, 2026, as disclosed under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senior Management Promotions

The bank has elevated three experienced executives to strengthen its leadership team. All three promoted officers bring substantial banking experience and professional qualifications to their new roles.

Professional Profiles

Shri K Pramod Kumar Reddy brings the most extensive experience with over 28 years in the bank. He holds a Postgraduate degree in Agriculture and is a certified Associate of the Indian Institute of Banking (CAIIB). He is currently serving on deputation with APGB.

Shri Sumit Srivastava has been leading the Ecosystem Banking division at the Corporate Office. He holds a Master's degree in Business Administration and is CAIIB certified, contributing over 21 years of banking expertise to the organization.

Shri Dhirendra Jain heads the Finance and Accounts department at the Corporate Office. He is a Postgraduate in Commerce and a Chartered Accountant from ICAI, New Delhi. Along with his CAIIB certification, he brings over 16 years of specialized banking experience.

Regulatory Compliance

The announcement was made in compliance with SEBI regulations governing listed companies' disclosure requirements. The notification was signed by Company Secretary Ashish Mishra and communicated to both BSE Limited and National Stock Exchange of India Limited.

These strategic appointments reflect the bank's focus on promoting experienced internal talent to key leadership positions, ensuring continuity and leveraging deep institutional knowledge for future growth initiatives.