UNIONBANK NSE filing

Union Bank of India: Addendum to 23rd AGM Notice Regarding Director Nomination

The RealCase readLow impact Neutral

Why it matters

The announcement is about a director nomination and auditor appointment, which are routine governance matters. It is unlikely to significantly affect the company's operations or stock price.

The market read

The announcement is a factual update regarding changes in the board of directors and auditor appointments. No positive or negative implications are evident.

* Union Bank of India issued an addendum to the notice for its 23rd Annual General Meeting (AGM), originally dated June 25, 2025, which is scheduled for August 1, 2025. * The addendum includes an update regarding the appointment of M/s Ragini Chokshi & Co. as Secretarial Auditor for FY26 and FY27, with a remuneration of ₹90,000 per annum plus applicable taxes. * It also announces the nomination of Shri Rohan Chand Thakur as Government Nominee Director, effective July 24, 2025, following Government of India notification eF.No. 6/2(iv)/2022-BO.I. * Shareholders' approval is sought for the nomination of Shri Rohan Chand Thakur as Government Nominee Director. * Shri Rohan Chand Thakur is an IAS officer currently working as Director in the Ministry of Finance.

Filing to action

What to do with a filing like this

Union Bank of India filed this with the NSE as a statutory disclosure, categorised under agm-egm. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Union Bank of India. Read the original for the full detail.

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