Certificate for Timely Payment Of Principal And Annual Interest On Bond.
UNIONBANK · price
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Union Bank of India has confirmed timely payment and full redemption of its perpetual bonds (ISIN: INE692A08110) on December 15, 2025, via a call option. A total of 5,000 non-convertible debentures were redeemed, with the total payout being approximately ₹543.65 crore covering both principal and coupon. Post-redemption, the outstanding amount on this bond stands at NIL, meaning the obligation has been completely settled. The filing is a routine regulatory compliance under SEBI Regulation 57. Applicable tax deducted at source (TDS) was applied on the payment.
This is a routine debt servicing event with no negative implications. The bank has fully closed out this perpetual bond instrument on schedule, reducing its future interest obligations. No impact on equity shareholders is expected from this bond-level transaction.