Union Bank of India has informed the Exchange regarding Cessation of Mr Shri Suraj Srivastava as Non- Executive Independent Director of the company w.e.f. April 11, 2026.
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Union Bank of India has announced that Shri Suraj Srivastava, Part-time Non-Official Director on the Board of the Bank, has completed his one-year tenure on April 10, 2026, and ceased to be a Director w.e.f. April 11, 2026. The cessation is due to natural completion of his appointment tenure and not due to any resignation or governance concerns. The company has informed the exchange in compliance with SEBI Listing Regulations regarding this change in directorship.
This is a routine board change due to tenure completion and has no direct impact on the bank's operations or stock price. Shareholders need not be concerned as this is a normal procedural departure.