Certificate for timely payment of Annual interest on Bonds
UNIONBANK · price
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Awaiting price reaction for this filing.
Union Bank of India has confirmed timely payment of annual interest on its bond (ISIN: INE692A08185) of issue size ₹1,500 Crores. An interest amount of ₹127.5 Crores was paid on 02 March 2026, the same as the due date, with the record date being 15 February 2026. This implies an annual coupon rate of 8.5%. The previous interest payment was made on 03 March 2025, and applicable TDS has been deducted. The filing is a routine SEBI Regulation 57 compliance confirmation submitted by the Company Secretary.
This is a routine compliance disclosure confirming the bank met its bond obligation on time — no negative credit signal. It reassures bondholders but is unlikely to move the equity stock price as it is a scheduled, expected payment.