Union Bank of India has informed the Exchange about General Updates
UNIONBANK · price
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Awaiting price reaction for this filing.
Union Bank of India has fixed Friday, 01st August 2025 as the date for its 23rd Annual General Meeting, to be held via video conferencing at 11:00 a.m. IST. The book closure period for the purpose of the AGM and dividend has been set from Saturday, 26th July 2025 to Friday, 01st August 2025 (both days inclusive). Shareholders must be on the books by the cut-off date of Friday, 25th July 2025 to participate in e-voting. Remote e-voting will be open from 29th July to 31st July 2025. The notice confirms that a dividend will be paid to eligible shareholders, though the specific dividend amount or rate has not been disclosed in this filing.
Investors need to hold Union Bank shares by 25th July 2025 to be eligible for both the dividend and the right to vote at the AGM. The announcement is procedural but confirms a dividend is on the way, which is mildly positive for income-focused shareholders.