Union Bank of India has successfully completed the redemption of bonds valued at ₹1,085.93 crores on January 09, 2026, through the exercise of its call option. The public sector bank announced the completion of this significant financial transaction in its regulatory filing to the stock exchanges, demonstrating proactive debt management ahead of the scheduled maturity.

Bond Redemption Details

The redemption involved 1,000 Non-Convertible Debentures (NCDs) with ISIN INE692A08128, representing a full redemption of the bond issue. The bank exercised its call option to redeem the bonds two business days ahead of the original maturity date of January 11, 2026.

Payment Timeline and Compliance

The early redemption was necessitated by business day considerations, as both January 10, 2026, and January 11, 2026, were non-business days. Following standard banking practices, the payment was processed on the preceding business day to ensure timely settlement. The last interest payment on these bonds was made on January 13, 2025.

Regulatory Framework

This redemption was executed under the call option provision, allowing the bank to retire the debt ahead of maturity. The transaction complies with Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely reporting of interest and principal payments on listed debt securities.

Financial Impact

The redemption amount of ₹1,085.93 crores encompasses both principal and coupon components, with applicable Tax Deducted at Source (TDS) being deducted as per regulatory requirements. With this redemption, the bank has completely retired this particular bond issue, leaving no outstanding balance.

The successful completion of this bond redemption reflects Union Bank of India's commitment to honoring its debt obligations and maintaining investor confidence in its debt securities. The proactive exercise of the call option demonstrates effective treasury management and strategic debt optimization.

Union Bank of India has announced its earnings call schedule for the third quarter of fiscal year 2026, setting the stage for discussions on its financial performance with market participants.

Earnings Call Schedule

The bank has scheduled an earnings call for January 14, 2026, at 14:45 Hours IST to discuss its unaudited reviewed financial results for the quarter ended December 31, 2025. The announcement was made through a regulatory filing dated January 9, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Representation

The bank's senior management team will be well-represented during the earnings call. The management delegation includes:

• Shri Asheesh Pandey - Managing Director & CEO
• Shri Nitesh Ranjan - Executive Director
• Shri Ramasubramanian S. - Executive Director
• Shri Sanjay Rudra - Executive Director
• Shri Amresh Prasad - Executive Director

Participation Details

The earnings call will be conducted as a virtual group call, allowing analysts and investors to participate remotely. The bank has provided comprehensive dial-in information for participants across multiple countries:

Regulatory Compliance

The earnings call announcement follows the bank's commitment to regulatory compliance and transparency. The bank has clarified that during the interaction, it will refer only to publicly available documents for discussions. Additionally, no unpublished price sensitive information will be shared during the meeting, ensuring adherence to disclosure norms.

The call will focus on the bank's standalone and consolidated financial results for the quarter ended December 31, 2025, providing stakeholders with insights into the bank's operational and financial performance during the third quarter of the current fiscal year.