Union Bank of India has scheduled a one-to-one investor and analyst meeting with Millennium Capital (DIFC) Limited for August 11, 2026. The virtual session will be conducted from the bank’s Central Office in Mumbai, providing investors with a direct channel to discuss the institution’s strategic outlook and operational performance.

The disclosure was made pursuant to Regulation 30 read with Sl.No.15 of Para A of Part A of Schedule III and Regulation 46(2)(o) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references the stock exchanges’ guidance note dated July 29, 2022, regarding disclosures pertaining to investors’ and analysts’ meets. Ashish Mishra, Company Secretary, signed the communication on August 06, 2026.

Meeting Details

The engagement is structured as a focused one-to-one interaction rather than a broad conference call. This format allows for deeper dialogue between the bank’s management and the specific investment firm. Below are the key logistical details of the scheduled event:

Compliance and Information Scope

Management emphasized that discussions during the meet will rely exclusively on publicly available documents. The bank explicitly stated that no unpublished price-sensitive information (UPSI) is proposed to be shared during the session. This aligns with standard regulatory protocols designed to ensure fair information dissemination across all market participants.

The disclosure has been filed with both the Bombay Stock Exchange (BSE Ltd.) and the National Stock Exchange of India Ltd. The same notice is available on the bank’s official website for broader stakeholder access. Investors are advised that the absence of a presentation copy indicates the discussion will likely follow a question-and-answer format based on existing public data rather than a structured deck delivery.

Union Bank of India has exercised its call option to redeem its Series XX bonds, initiating the early closure of a debt instrument with an issue size of ₹1,000 Crores. The bank disclosed the move in a filing with stock exchanges on August 5, 2026, confirming that the redemption payment will be made on September 15, 2026. Investors holding these bonds must ensure their names appear on the register of members as of the record date, August 31, 2026, to be eligible for the redemption proceeds.

The disclosure was made pursuant to Regulation 30 and Regulation 60(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both the BSE Ltd. and the National Stock Exchange of India Ltd., notifying market participants of the impending cash outflow associated with the bond maturity. The exercise of the call option allows the bank to retire this specific tranche of debt ahead of its original final maturity, if applicable, or simply to manage its liability structure according to prevailing interest rate conditions.

Bond Redemption Details

The financial specifics of the bond series being redeemed are outlined below:

The bonds carry a coupon rate of 9.50%, which determines the periodic interest payments made to bondholders until redemption. The total principal amount of ₹1,000 Crores will be repaid to eligible holders on the specified redemption date. The record date serves as the cutoff for determining ownership; only those investors who hold the bonds at the close of business on August 31, 2026, will receive the redemption value.

Strategic Implications

The decision to exercise the call option reflects Union Bank of India's active management of its debt portfolio. By redeeming the bonds, the bank eliminates future interest obligations associated with this specific series. For investors, the announcement provides clarity on the liquidity event, allowing them to plan their investment strategies accordingly. The record date provides a clear window for any potential trading activity before the cutoff, after which the bond ceases to trade and transitions to the settlement phase for redemption.

The filing was authorized by Ashish Mishra, Company Secretary of Union Bank of India, and copied to M/s IDBI Trusteeship Services Ltd., the trustee for the bond issue. This procedural step ensures that all regulatory requirements for public disclosures regarding debt securities are met, maintaining transparency for investors and regulators alike.