Union Bank of India Participates in MANTHAN Systematix India Annual Conference

1 min read     Updated on 09 Feb 2026, 07:00 PM
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Reviewed by
Radhika SScanX News Team
Overview

Union Bank of India participated in the MANTHAN Systematix India Annual Conference on February 9, 2026, engaging with 16 institutional investors across two in-person group sessions in Mumbai. The interactions included prominent asset management companies and insurance firms, with discussions based on publicly available documents in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Union Bank of India announced its participation in the MANTHAN Systematix India Annual Conference, engaging with institutional investors and asset management companies on February 9, 2026. The conference was conducted by Systematix Shares and Stocks (India) Limited in Mumbai.

Conference Details and Participation

The bank's representatives participated in two group sessions held in-person in Mumbai. The engagement was structured across specific time slots to accommodate multiple institutional participants.

Parameter: Details
Conference Date: February 9, 2026
Organizer: Systematix Shares and Stocks (India) Limited
Mode: Group (In-person)
Location: Mumbai
Total Participants: 16 institutional entities

Session Schedule and Participants

The interactions were organized into two consecutive sessions, each lasting one hour. The first session from 10:00 AM to 11:00 AM included six participants:

  • Enam Holdings Private Limited
  • Aditya Birla Sunlife Insurance Company Limited
  • Fident Asset Management Private Limited
  • Quest Investment Managers Private Limited
  • Spark PWM Private Limited
  • Subhkam Ventures (I) Private Limited

The second session from 11:00 AM to 12:00 PM featured ten additional participants:

  • Bandhan AMC Limited
  • Centrum Investment Advisors Limited
  • Equentis Wealth Advisory Services Limited
  • PPFAS Asset Management Private Limited
  • Roha Asset Managers LLP
  • Indusind General Insurance Company Limited
  • Fortress Capital Management Services Private Limited
  • Indgrowth Capital Advisors LLP
  • Omkara Capital Private Limited
  • Astralit Investments Private Limited

Compliance and Disclosure

The bank emphasized that all discussions during the investor interactions were based on publicly available documents. This disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement was signed by Ashish Mishra, Company Secretary, and digitally authenticated on February 9, 2026, at 18:33:37 +05'30'. The bank communicated this information to both BSE Limited and National Stock Exchange of India Limited as part of its regulatory obligations.

Historical Stock Returns for Union Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.18%-2.45%-6.27%+26.61%+48.42%+403.91%

Union Bank of India Elevates Sarvesh Ranjan to Chief General Manager Position

1 min read     Updated on 01 Feb 2026, 12:55 PM
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Reviewed by
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Overview

Union Bank of India has elevated Shri Sarvesh Ranjan from General Manager to Chief General Manager effective February 01, 2026, following the superannuation of Shri Bhaskara Rao Kare. Ranjan, an engineering graduate with three decades of banking experience, currently oversees Central Reconciliation, Transaction Monitoring & AML functions. He has completed leadership programs from Switzerland and ISB Hyderabad, along with IT security certification from IDRBT.

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*this image is generated using AI for illustrative purposes only.

Union Bank of India has announced a key senior management change with the elevation of Shri Sarvesh Ranjan to the position of Chief General Manager, effective February 01, 2026. The announcement was made under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Transition Details

The elevation follows the superannuation of Shri Bhaskara Rao Kare, who served as Chief General Manager until January 31, 2026. Ranjan, currently serving as General Manager, will step into this senior role as part of the bank's management succession planning.

Parameter: Details
Name: Shri Sarvesh Ranjan
Current Position: General Manager
New Position: Chief General Manager
Effective Date: February 01, 2026
Reason: Elevation following superannuation

Professional Background

Shri Sarvesh Ranjan brings extensive banking expertise to his new role, with approximately three decades of experience in the banking sector. He is an engineering graduate who currently holds the position of General Manager for Central Reconciliation, Transaction Monitoring & AML at the bank.

His career trajectory spans various banking functions and organizational levels:

  • Branch Banking operations
  • Regional and Zonal Office positions
  • Staff Training College assignments
  • Corporate Office roles

Leadership Development and Certifications

Ranjan has invested significantly in professional development and specialized training programs. His educational achievements include:

  • Leadership development program on capacity building from University of Applied Sciences, Switzerland
  • Focused leadership development programme from ISB Hyderabad
  • Certification programme in IT and Cyber Security from IDRBT, Hyderabad

These qualifications position him well for the strategic responsibilities associated with the Chief General Manager role, particularly in areas of technology, security, and organizational leadership.

Regulatory Compliance

The bank has fulfilled its disclosure obligations by announcing this senior management change in accordance with SEBI regulations. Such announcements are mandatory for listed companies to ensure transparency regarding key personnel changes that may impact business operations and stakeholder interests.

Historical Stock Returns for Union Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.18%-2.45%-6.27%+26.61%+48.42%+403.91%

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