Union Bank of India redeems bonds early, completes principal and interest payment

Union Bank of India announced the timely payment of principal and annual interest on bonds, dated September 16, 2025. This payment aligns with investor mandates and the Beneficiary Position of the relevant Record Date, as per Regulation 57 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The bond, identified by ISIN INE692A08094, involved a full redemption via a call option on a lot basis. A total of 10,000 NCDs were redeemed on the actual redemption date of September 16, 2025, ahead of their due date of September 16, 2030.

The total amount redeemed, covering both principal and coupon, was ₹ 1074,20,00,000. Following this transaction, the outstanding amount is NIL. The last interest payment was recorded on September 16, 2024. Applicable TDS has been deducted.