In furtherance to its letter March 11, 2026 wherein it was informed regarding the meeting of the Committee of Directors for fund raising (Non-Capital) of the Bank scheduled to be held on Monday, 16th March, 2026 and pursuant to Regulations of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Union Bank of India has informed that the Committee of Directors for fund raising (Non-Capital)in its meeting held on 16th March, 2026, considered & approved: (i) Issuance of Long-Term Bonds amounting upto ? 20,000 crore in one or more tranches for financing of infrastructure & affordable housing as per the Board approved plan; out of which bank may explore opportunities to raise ? 7,500 crore (Base Issue- ? 3,000 crore + Green shoe option- ? 4,500 crore) with tenor of 10 years before 31.03.2026. (ii) Issuance of Green Bonds/Sustainable Bonds amounting upto ? 5,000 crore in one or more tranches The Board meeting commenced at 10.00 am and concluded at 10.20 am.
The above information is a part of company’s filings submitted to BSE.
