Union Bank of India board meeting scheduled for May 26, 2026 to discuss capital raising plan.
Bank plans to raise equity capital via FPO, rights issue, private placements, ESPS, and preferential allotment.
Also considering Basel III compliant AT1 and Tier 2 bonds issuance in domestic and foreign currencies.
All proposals subject to Government of India and regulatory approvals as per SEBI Listing Regulations.