Union Bank of India confirms the timely payment of principal and annual interest for bond INE692A08128 on January 9, 2026, according to investor mandates and beneficiary positions. The redemption type was full, based on lot basis, and triggered by a call option. The amount redeemed totaled ₹1,085,92,65,789, covering both principal and coupon. The quantity redeemed was 1000 NCDs.
Bond Payment Confirmation
Union Bank of India has announced the successful and timely processing of the annual interest and principal payment for bond INE692A08128. The payment was executed on January 9, 2026, aligning with established investor mandates and beneficiary record positions.
Key Details of the Redemption
The following details outline the specifics of the bond redemption:
- ISIN: INE692A08128
- Type of Redemption: Full
- Redemption Basis: Lot Basis
- Trigger: Call Option
- Redemption Date: January 9, 2026 (in lieu of January 11, 2026 due to non-business days)
- Quantity Redeemed: 1000 NCDs
- Amount Redeemed: ₹1,085,92,65,789 (principal and coupon amount)
The original maturity date for redemption was January 11, 2026; however, as January 10, 2026 and January 11, 2026 were non-business days, the payment was processed on the preceding business day, January 9, 2026.
Source: BSE
