Union Bank of India has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Awaiting price reaction for this filing.
Union Bank of India has filed a routine quarterly compliance certificate with the stock exchanges under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate was issued by the bank's Registrar and Share Transfer Agent (RTA) for the quarter ended 31 March 2025. This regulation requires RTAs to confirm the processing of share dematerialisation requests — i.e., that physical shares submitted for conversion into electronic (demat) form have been properly credited or rejected. The filing was made on 9 April 2025 by the Company Secretary and is intended merely for the exchanges' records.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that the bank is meeting its SEBI-mandated quarterly reporting obligations on share demat activity.