Union Bank of India has submitted its Statement of Debt Securities for the half year ended March 31, 2026, in compliance with SEBI circular requirements. The comprehensive statement reveals the bank's outstanding debt securities portfolio totaling ₹17,933.00 crore across 14 different securities.

Regulatory Compliance and Submission

The statement was submitted on April 10, 2026, pursuant to Chapter VIII, para 10.1 (a) of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended on April 13, 2022. The submission also complies with Paragraph 9.1 (a) of Chapter VIII of the SEBI Master Circular dated October 15, 2025. The document was digitally signed by Ashish Mishra, Company Secretary, and filed with both BSE Limited and National Stock Exchange of India Limited.

Debt Securities Portfolio Overview

The bank's debt securities portfolio demonstrates a diverse mix of perpetual and fixed-term instruments. The total amount issued and outstanding stands at ₹17,933.00 crore, indicating that all issued securities remain fully outstanding with no redemptions during the reporting period.

Interest Rate Structure and Terms

The coupon rates across the debt securities portfolio range from 7.16% to 9.50%, with all securities paying interest annually. The highest coupon rate of 9.50% applies to the perpetual security issued in September 2016, while the most recent issuance in March 2026 carries a coupon rate of 7.16%.

Key Securities by Value:

Embedded Options and Features

Most securities in the portfolio include embedded call options, providing the bank with flexibility for early redemption. The call options are typically exercisable on the fifth or tenth anniversary from the deemed date of allotment or on any subsequent allotment anniversary date. Only three securities in the portfolio do not feature embedded options, representing ₹4,750.00 crore of the total outstanding amount.

Maturity Profile

The debt securities portfolio shows a well-distributed maturity profile spanning from 2026 to 2037, with six perpetual securities providing long-term capital support. The nearest maturity is scheduled for November 24, 2026, involving a ₹750.00 crore security with a 7.74% coupon rate issued in November 2016.

The submission demonstrates Union Bank of India's active participation in debt capital markets and its commitment to maintaining transparency in regulatory reporting. The diverse portfolio structure reflects the bank's strategic approach to capital management across different market conditions and interest rate environments.

Union Bank of India has submitted its quarterly compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The filing, dated April 06, 2026, demonstrates the bank's adherence to regulatory requirements for dematerialisation processes.

Regulatory Compliance Filing

The certificate was filed with both major stock exchanges where the bank's shares are listed. Company Secretary Ashish Mishra signed the submission, which included the confirmation certificate from the bank's Registrar and Share Transfer Agent.

RTA Confirmation Certificate

KFIN Technologies Limited, acting as the Registrar and Share Transfer Agent for Union Bank of India, provided comprehensive confirmation regarding dematerialisation activities during the quarter. The RTA certificate, signed by Senior Vice President Praveen Chaturvedi, validates compliance with all regulatory procedures.

Key Confirmations Provided

The RTA certificate confirms several critical aspects of the dematerialisation process:

• Securities received from Depository Participants were properly confirmed to depositories
• All securities have been listed on stock exchanges where earlier issued securities are traded
• Physical security certificates were mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners

Operational Framework

KFIN Technologies Limited operates from multiple locations to ensure efficient service delivery. The operations centre is located at Selenium Tower B, Financial District, Nanakramguda, Hyderabad, while the registered office is situated in Mumbai.

Regulatory Background

Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 mandates quarterly reporting of dematerialisation activities. This ensures transparency and proper record-keeping in the securities market, protecting investor interests and maintaining market integrity.

The filing represents Union Bank of India's ongoing commitment to regulatory compliance and transparent reporting practices. The systematic approach to dematerialisation processes, as confirmed by the RTA, demonstrates adherence to established securities market protocols and investor protection measures.