UNIONBANKBSEUnion Bank of India· BanksHighPositive
Announced Tue, 12 May, 2026 · 21:20 IST

Disclosures pertaining to investment in ASREC (I) Ltd.

UNIONBANK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.1%Reaction day
₹162.59
prior close
₹162.35
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%-0.2% vs market
Public Sector Bank peers, median of 11sector-0.0%+0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.1 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.1
10m
-0.3
15m
-0.5
30m
-1.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.1+0.3-0.2-0.0+0.1
Next day
+1.6+1.4+0.2+0.7+0.9
2d
-0.3+1.1-1.4-0.8+0.5
3d
-2.2+1.0-3.2-2.0-0.3
4d
-2.2+0.9-3.2-1.4-0.8
5d
-1.8+1.2-3.0-1.2-0.7
1w
-0.7+1.5-2.2-1.0+0.2
15d
+2.4+0.5+1.9+0.3+2.1
1m
+5.4+2.5+2.9+2.9+2.5
2m
+4.9+3.9+1.0+3.4+1.5
3m
+14.7+5.2+9.5+2.2+12.6
UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Union Bank of India has made an additional investment of ₹22.64 crores in ASREC (I) Ltd, which is a joint venture company of the Bank. Following this investment, the Bank's shareholding in ASREC (I) Ltd has increased from 26.02% to 27.30%. The disclosure has been filed under Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates disclosure of material events by listed entities. This represents a modest increase in the Bank's stake in the joint venture company.

Likely market impact

This is a routine incremental investment in an existing joint venture and unlikely to have any significant impact on the Bank's stock price. The increase in shareholding by approximately 1.28 percentage points is relatively small.