Union Bank of India has informed that pursuant to Regulation 30 read with point no. 4(d) of Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board of Directors in its meeting held on 26th May 2026, considered & approved: Capital Plan of the Bank to raise capital by an amount not exceeding ? 8,000 crore, subject to: a) Raising of equity capital not exceeding ? 3,000 Crore in tranche(s) within the overall limit of ? 8,000 Crore, through Public Issue (i.e. Further Public Offer) and/or Rights Issue and/or Private Placements including Qualified Institutions Placements and/or Preferential Allotment or a combination(s) thereof to any eligible institutions and/or through any other mode(s) subject to the approval of Government of India, other regulatory authorities and approval of Shareholders of the Bank; b) Raising of Basel III compliant Additional Tier 1 Bonds and/or Tier 2 not exceeding ? 5,000 Crore, (including foreign currency denominated AT1/Tier 2 Bonds) within the overall limit of ? 8,000 Crore. The Board meeting commenced at 11:00 AM and concluded at 2.00 PM.
The above information is a part of company’s filings submitted to BSE.
