Union Bank of India has issued a certificate confirming the timely payment of annual interest and principal for a specific bond. The payment was successfully made on June 24, 2026, in accordance with investor mandates and the relevant record date. The bond, identified by ISIN INE692A08144, involved a full redemption, with the total amount redeemed being ₹908,51,15,010.00. Applicable TDS has been deducted.
Union Bank of India Confirms Bond Payout
Union Bank of India has formally announced the successful and timely disbursement of both the annual interest and principal amount for a specific bond. This crucial payment was executed on June 24, 2026, adhering strictly to the mandates provided by the bond investors and as per the established Beneficiary Position on the relevant record date.
Key Bond Redemption Details
The bond in question, identified by its ISIN INE692A08144, underwent a full redemption. The total amount disbursed, encompassing both the principal and the coupon payment, amounted to a significant ₹908,51,15,010.00. The redemption was triggered by a Call Option and was completed on the specified due date of June 24, 2026. The last interest payment for this bond was made on June 24, 2025.
Operational Confirmation
This certificate serves as official confirmation that the interest and redemption payments have been made. The bank confirms that the applicable Tax Deducted at Source (TDS) has been duly deducted from the payments. The announcement also references previous communications dated April 30, 2026, and May 30, 2026, concerning this bond.
Stock Exchange Filings
The bank has provided the necessary details for reporting under Regulation 57 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended. Information has been shared with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) via their respective platforms (NEAPS). The scrip code for BSE is 532477, and the scrip symbol for NSE is UNIONBANK-EQ.
Source: BSE
