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28.60

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28.55

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Corporate Action

Period From
Period To
Purpose AGM Date Announcement Date Book Closure Start Date Book Closure End Date
Board Meeting - 05-Mar-2020 - -
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Central Government in exercise of the powers conferred by Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 after consultation with the Reserve Bank of India has notified the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme, 2020 vide gazette notification dated March 4, 2020. It shall come into force on April 1, 2020. A copy of the scheme is enclosed herewith for your information and appropriate dissemination. The details of the amalgamation, share exchange ratio, record date and details of constitution of Expert Committee etc. are given in the attachment.
Board Meeting - 30-Jan-2020 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2020 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Bank is scheduled to be held on Monday, February 10, 2020 to consider and take on record the Reviewed (Unaudited) Standalone & Consolidated Financial Results of the Bank for the Quarter/Nine months ended on December 31, 2019. Further inform that Trading Window for dealing in the shares of the Bank will reopen w.e.f. Thursday, February 13, 2020 for the Directors, Designated employees and all other insiders. This intimation is also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/board-meeting.aspx This is for your information and appropriate dissemination.
Board Meeting - 04-Nov-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Bank is scheduled to be held on Thursday, November 14, 2019 to consider and take on record the Reviewed Unaudited Financial Results of the Bank for the Quarter/Half year ended on September 30, 2019. This intimation is also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/board-meeting.aspx This is for your information and appropriate dissemination. Pursuant to the Regulation 30 read with point 4(h) of Para A of Part A of Schedule III and Regulation 33 of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we submit herewith Reviewed Unaudited Financial Results (Standalone & Consolidated) of the Bank for the quarter / half year ended on September 30, 2019, which have been approved by the Board of Directors at its meeting held on November 14, 2019. A copy of the Limited Review Report submitted by the Statutory Auditors on the Financial Results (Standalone & Consolidated) of the Bank for the Quarter / half year ended on September 30, 2019 is also enclosed herewith. The Financial Results are also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/financial-result.aspx The Board meeting started at 2.30 p.m. and concluded at 4.30 p.m. (As Per BSE Announcement Dated on 14/11/2019)
Board Meeting - 09-Oct-2019 - -
Preferential Issue of shares A meeting of Banks Committee of Directors for Raising of Capital Funds is scheduled to be held on Monday, October 14, 2019, inter-alia, to consider, determine and approve the Issue Price of new equity shares proposed to be issued to the Government of India on Preferential Basis in accordance with Regulation 164 of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. In continuation to our letter no. ISD/19-20/248 dated October 9, 2019 regarding intimation of meeting of Committee of Directors for Raising of Capital Funds (CDRCF), we wish to inform that the CDRCF at its meeting held on October 14, 2019 has approved the following: 1)Issue Price for Preferential Allotment - In compliance with the SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, the Issue Price of Rs.70.90 (including a premium of Rs.60.90) per equity share of face value of Rs.10.00 each to be issued on preferential basis to the Government of India (President of India). 2) Number of Shares to be issued - Issue and allotment of 1,65,98,02,538 new equity shares on preferential basis to the Government of India (President of India), for an amount aggregating upto Rs.11,768 crore (including premium). Further, the Shareholding Pattern before and after the Preferential Issue is given in attachment. (As Per BSE Announcement Dated 14.10.2019)
Board Meeting - 03-Oct-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2019 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Banks Committee of Directors for raising of Capital Funds is scheduled to be held on Wednesday, October 9, 2019, inter-alia, to consider and approve issue of equity shares on Preferential Basis to Government of India subject to necessary approvals/ permissions in this regard. In continuation to our letter no. ISD/19-20/242 dated October 3, 2019 regarding intimation of meeting of Committee of Directors for Raising of Capital Funds, we wish to inform that the Committee of Directors for Raising of Capital Funds at its meeting held on October 9, 2019 has approved the following: 1)Preferential Issue of new equity shares of face value of Rs. 10 each at issue price to be determined in accordance with SEBI (ICDR) Regulations, 2018 to the Government of India (President of India), for an amount aggregating up to Rs. 11,768 crores (including premium). 2)Obtaining approval of shareholders through Postal Ballot and e-voting for the proposed preferential issue. The above disclosure is made under Regulation 30 read with entry no. 4 of Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The meeting commenced at 5.45 PM and concluded at 6.20 PM. (As Per BSE Announcement Dated on 09.10.2019)
Board Meeting - 04-Sep-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/09/2019 ,inter alia, to consider and approve In terms of Regulation 29(1)(d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform that a meeting of Board of Directors is scheduled to be held on Monday, September 9, 2019, inter-alia, to consider the following- Amalgamation of the Andhra Bank and Corporation Bank into Union Bank of India. Raising of equity capital through preferential allotment to Government of India at a price to be determined in terms of SEBI (ICDR) Regulations, 2018, subject to requisite approvals. This is for your information and appropriate dissemination. We wish to inform you that Board of Directors in its meeting held on September 9, 2019 has - 1. Considered and given its in-principle approval for the amalgamation of Andhra Bank and Corporation Bank into Union Bank of India. 2. Approved the revised capital plan for FY 2019-20 to raise capital funds by an amount not exceeding Rs.17,200 crores within which upto Rs. 13,000 crores through equity capital and upto Rs. 4,200 crores through AT 1/Tier II bonds. 3. Approved capital raising by issue of equity shares through preferential allotment to Government of India for an amount upto Rs.13,000 crores subject to other regulatory approvals. 4. Authorised Committee of Directors for Raising of Capital Funds (CDRCF) for issuance and allotment of new equity shares on preferential basis to the Government of India for an amount approved by the Government of India and to take decision on the date, time and place for holding of EGM, finalize the relevant date and pricing for preferential issue. (As per BSE Announcement5 Dated 09 September 2019).
Board Meeting - 24-Jul-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/08/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Bank is scheduled to be held on Friday, August 2, 2019 to consider and take on record the Reviewed Unaudited Financial Results of the Bank for the Quarter ended on June 30, 2019. This intimation is also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/board-meeting.aspx This is for your information and appropriate dissemination. Pursuant to the Regulation 30 read with point 4(h) of Para A of Part A of Schedule III and Regulation 33 of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we submit herewith Reviewed Unaudited Financial Results (Standalone & Consolidated) of the Bank for the quarter ended on June 30, 2019, which have been approved by the Board of Directors at its meeting held on August 2, 2019. A copy of the Limited Review Report submitted by the Statutory Auditors on the Financial Results (Standalone & Consolidated) of the Bank for the Quarter ended on June 30, 2019 is also enclosed herewith. The Financial Results are also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/financial-result.aspx The Board meeting started at 2.45 p.m. and concluded at 5.00 p.m. (As Per BSE Announcement Dated On 02/08/2019)
Board Meeting - 19-Jun-2019 - -
In terms of RBI Circular no. DBR.BP.BC.No.65/21.04.103/2016-17 dated April 27, 2017, we hereby inform that Board of Directors in its meeting held on June 18, 2019 has designated Shri B. S. Venkatesha, General Manager as Chief Risk Officer (CRO) of the Bank for a period of two years with immediate effect, in place of Shri Dinesh Mistry, General Manager who has since retired on superannuation. Contact details of CRO are as under : Shri B. S. Venkatesha Chief Risk Officer Email ID: gm.rmd@unionbankofindia.com Risk Management Department 8th Floor, Earnest House, Backbay Reclamation, Nariman Point, Mumbai - 400 021. Contact No.:022-22802501 This is for your information and appropriate dissemination.
Board Meeting - 10-May-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2019 ,inter alia, to consider and approve Pursuant to Regulation 29(1)(d) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that, a meeting of Board of Directors of the Bank is scheduled to be held on Wednesday, May 15, 2019, inter-alia, to discuss and approve the capital plan of the Bank for FY 2019-20 and to approve raising of Equity Capital through Public Issue (i.e Follow-on Public Offer) and/or Rights Issue and/or Private Placements, including Qualified Institutional Placements and/or Preferential allotment to the Government of India and/or other institutions and/or any other mode(s) subject to approval of the Government of India and other regulatory authorities. In continuation to our letter no. ISD/19-20/52 dated May 10, 2019 regarding intimation of meeting of Board of Directors of the Bank, we wish to inform you that the Board of Directors in its meeting held on May 15, 2019 has approved the Capital Plan of the Bank for FY 2019-20 the details are given under attachment. Approval of the shareholders for raising of equity capital would be sought at the Annual General Meeting (AGM) to be held on Friday, June 28, 2019. The Notice of AGM and the Annual Report for FY 2018-19 will be sent to the stock exchanges and the shareholders in due course. The Board meeting commenced at 11:15 AM and concluded at 05:30 PM. (As Per BSE Announcement Dated on 15/05/2019)
Board Meeting - 06-May-2019 - -
UNION BANK OF INDIAhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Bank is scheduled to be held on Tuesday, May 14, 2019 to consider and take on record the Audited Financial Results of the Bank for the 4th quarter/financial year ended on March 31, 2019. This is for your information and appropriate dissemination. Pursuant to the Regulation 30 read with point 4(h) of Para A of Part A of Schedule III and Regulation 33 of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we submit herewith Audited Standalone and Consolidated Financial Results of the Bank for the 4th Quarter / Financial Year ended on March 31, 2019, which have been approved by the Board of Directors at its meeting held on May 14, 2019 alongwith the Independent Auditors Report and declaration under Regulation 33(3)(d) of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015. The Financial Results are also made available on the Banks website under the following link - http://www.unionbankofindia.co.in/english/financial-result.aspx The Board meeting started at 2.30 p.m. and concluded at 5.00 p.m. (As Per BSE Announcement Dated On 14/05/2019)