Union Bank of India has successfully completed a substantial long-term bond issuance for infrastructure and affordable housing financing, demonstrating strong market confidence in the public sector bank. The fundraising exercise attracted significant investor interest, with the bank ultimately raising ₹3,000 crore through the bond offering on a private placement basis.

Bond Issuance Details

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

Issue 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 deemed date of allotment scheduled for March 24, 2026.

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 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.

Union Bank of India has announced its participation in a virtual investor and analyst meeting conducted by Kotak Securities Limited, scheduled for March 24, 2026. The meeting will be held virtually from the bank's central office in Mumbai, as disclosed under regulatory compliance requirements.

Regulatory Compliance and Disclosure

The announcement was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 read with Schedule III Part A Para A Serial Number 15, and Regulation 46(2)(o). The disclosure also aligns with the stock exchanges' guidance note dated July 29, 2022, regarding disclosures pertaining to investor meetings.

Meeting Details and Format

The investor meeting has been structured with specific operational parameters to ensure regulatory compliance and effective communication:

Key Meeting Guidelines

Union Bank of India has outlined important guidelines for the upcoming investor interaction:

• The bank will reference only publicly available documents during discussions throughout the meeting
• No unpublished price-sensitive information will be shared during the interaction
• The meeting format ensures compliance with regulatory disclosure requirements

Documentation and Transparency

The disclosure document has been made available on Union Bank of India's official website at https://www.unionbankofindia.co.in , ensuring transparency and public access to the information. The announcement was digitally signed by Ashish Mishra, Company Secretary, on March 18, 2026.

This scheduled 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.