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Union Bank of IndiaOthers, 01-08-2025: Shareholders meeting

01-08-2025 | 08:42 pm

Union Bank of India's 23rd Annual General Meeting concluded with shareholders approving the audited annual financial results for FY2024-25. A dividend of Rs.4.75 per equity share was declared. A key outcome was the approval to raise capital totaling ₹ 6,000 crore, positioning the bank for future growth and strengthening its balance sheet. Additionally, Shri Suraj Srivastava was appointed as an Independent Director and Shri Rohan Chand Thakur as a Government Nominee Director, impacting the bank's governance structure. The appointment of a secretarial auditor was also approved.

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