Union Bank Conducts Virtual Investor Meet with Millennium Capital on March 24

Union Bank of India has successfully conducted a virtual investor and analyst meeting with Millennium Capital (DIFC) Limited on March 24, 2026. The meeting was held virtually from Mumbai and represents part of the bank's ongoing investor relations activities.

Meeting Details and Format

The virtual investor meeting was conducted as a one-to-one interaction with specific operational parameters:

Parameter:	Details
Meeting Date:	March 24, 2026
Timing:	5:00 PM to 6:00 PM
Mode:	One-to-one (Virtual)
Location:	Mumbai
Participant:	Millennium Capital (DIFC) Limited

Regulatory Compliance and Documentation

The bank confirmed the completion of the investor interaction through a regulatory disclosure filed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. This follows the bank's earlier announcement on March 18, 2026, regarding its scheduled participation in investor meetings.

Meeting Conduct and Information Sharing

Union Bank of India maintained strict regulatory compliance during the investor interaction. The bank confirmed that it referenced only publicly available documents for discussions during the meeting, ensuring no unpublished price-sensitive information was shared. The disclosure was digitally signed by Ashish Mishra, Company Secretary, and made available on the bank's official website at www.unionbankofindia.co.in .

This completed interaction represents part of the bank's ongoing investor relations activities, conducted within the framework of regulatory compliance and transparency requirements established by SEBI for listed entities. The meeting format allowed for focused discussion between the bank's representatives and Millennium Capital (DIFC) Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.35%	+9.91%	+5.57%	+37.15%	+61.91%	+398.76%

Union Bank of India has successfully completed its substantial long-term bond issuance for infrastructure and affordable housing financing, with the allotment process concluded on March 24, 2026. The public sector bank raised ₹3,000 crore through the bond offering on a private placement basis, demonstrating strong market confidence and institutional investor appetite.

Bond Issuance and Allotment Details

The bond issue received an exceptional response from qualified institutional buyers, with total bids reaching ₹9,379.82 crore against the base issue size of ₹3,000 crore. This represents a subscription ratio of 3.12 times, highlighting the strong demand for the bank's debt securities.

Parameter:	Details
Total Issue Size:	₹7,500 crore (with green shoe option)
Base Issue Size:	₹3,000 crore
Green Shoe Option:	₹4,500 crore
Total Bids Received:	₹9,379.82 crore
Coupon Rate:	7.16% p.a.
Number of Bonds:	3,00,000 bonds
Face Value:	₹1,00,000 per bond

Bond Structure and Timeline

The bonds are structured as senior, rated, listed, unsecured, redeemable, taxable, transferable long-term fully paid-up non-convertible bonds in the nature of debentures. The issue opened and closed on March 20, 2026, with the allotment completed on March 24, 2026.

Operational Details:	Information
Issue Opening Date:	March 20, 2026
Issue Closing Date:	March 20, 2026
Date of Allotment:	March 24, 2026
Date of Redemption:	March 24, 2036
Tenor:	10 years
Interest Payment:	Annually till redemption
Credit Rating:	CARE AAA/Stable, ICRA AAA/Stable

Market Response and Regulatory Compliance

The overwhelming response to the bond issue reflects positive market sentiment towards Union Bank of India's financial position and growth prospects. The 7.16% coupon rate offered on the bonds appears to have struck the right balance between attractive returns for investors and reasonable borrowing costs for the bank. The bonds are proposed to be listed on the National Stock Exchange and will be available in dematerialized form only through NSDL and CDSL depositories.

The bank has disclosed this information under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring full regulatory compliance. The participation of qualified institutional buyers in the bond issuance indicates institutional confidence in the bank's creditworthiness and operational performance, providing access to diversified funding sources for infrastructure and affordable housing financing initiatives.