Union Bank of India has made the annual interest payment on its bonds as required under SEBI Listing Regulations. The disclosure is made pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, and references the bank's previous letter dated April 30, 2026 (ISD/34/2026-27).
Bond Interest Payment Details
- Issue Size: ₹1000 Crores
- Interest Amount Due: ₹89,30,00,000
- Payment Frequency: Yearly
- Record Date: October 24, 2026
- Due Date: November 8, 2026
- Actual Payment Date: November 9, 2026
- Amount Paid: ₹89,30,00,000
- Last Interest Payment Date: November 10, 2025
Reason for Payment Date Adjustment
The payment was made on November 9, 2026, instead of the scheduled due date of November 8, 2026, because the due date fell on a non-business day. As per the bond terms, when a coupon payment date falls on a non-business day, payment is made on the succeeding business day.
Additional Information
- No change in payment frequency occurred
- No non-payment or delay beyond the business day adjustment
- Applicable TDS has been deducted from the interest payments
- The payment was made according to investor mandates and beneficiary position as of the record date