Public Sector Bank
Monthly Update2 April 2026 at 11:51 am

President of India Retains 74.76% Stake in Union Bank of India as of March 31, 2026

AI Summary

According to the Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, the President of India, as the Promoter of Union Bank of India, held 5,70,66,60,850 (74.76%) Equity Shares of the Bank as of March 31, 2026. There has been no encumbrance of shares, directly or indirectly, during the financial year ended March 31, 2026.

Key Highlights

  • President of India holds 74.76% stake in Union Bank of India as of March 31, 2026
  • No encumbrance of shares during the financial year ended March 31, 2026
  • Update provided in accordance with Regulation 31(4) of SEBI (SAST) Regulations, 2011