Union Bank of India — Others, 26-11-2024: Loss of Share Certificates

Union Bank of India has reported the loss of share certificates by shareholder Hasmukhbhai Ambalal Patel and Hirekumar Hasmukhbhai Patel, involving 300 shares (Certificate Nos. 441821-441823, Distinctive Nos. 324181801-324182100). The bank is following necessary protocols to address this situation. This development may cause temporary uncertainty among investors regarding shareholder ownership, but it also highlights the bank's diligence in maintaining transparent communication. Investors should monitor the resolution process for potential implications on share liquidity and ownership records.