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Union Bank of India informs about outcome of committee of directors meet

In furtherance to its letter March 11, 2026 wherein it was informed regarding the meeting of the Committee of Directors for fund raising (Non-Capital) of the Bank scheduled to be held on Monday, 16th March, 2026 and pursuant to Regulations of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Union Bank of India has informed that the Committee of Directors for fund raising (Non-Capital)in its meeting held on 16th March, 2026, considered & approved: (i) Issuance of Long-Term Bonds amounting upto ₹ 20,000 crore in one or more tranches for financing of infrastructure & affordable housing as per the Board approved plan; out of which bank may explore opportunities to raise ₹ 7,500 crore (Base Issue- ₹ 3,000 crore + Green shoe option- ₹ 4,500 crore) with tenor of 10 years before 31.03.2026. (ii) Issuance of Green Bonds/Sustainable Bonds amounting upto ₹ 5,000 crore in one or more tranches The Board meeting commenced at 10.00 am and concluded at 10.20 am.

The above information is a part of company’s filings submitted to BSE.