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Union Bank declares ₹5 dividend and appoints new MD

after close1 source ↓written by the desknot a recommendation

per equity share
₹5 dividend
24th AGM
10 July 2026
Dividend
₹5 per share

Union Bank of India declared a ₹5 dividend per equity share for FY 2025-26 during its 24th AGM on 10 July 2026. The bank also appointed Asheesh Pandey as Managing Director and CEO, alongside other executive appointments. This move may enhance investor sentiment as the bank seeks to raise capital under BASEL III guidelines.

• Dividend of ₹5 per share

• New MD and CEO appointed

• Shareholders approved capital raising plans

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Jul 2026, 16:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

UNIONBANK closed +3.6% on the day of the news, from ₹164.51 to ₹170.39; Nifty 0.0% over the same session; futures OI +4.7%.

Bulletin at 16:11 IST on 11 Jul 2026. Every change is measured from ₹164.51, the last close before it, on 10 Jul. Nifty 50 is measured over the same sessions.

  • UNIONBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
UNIONBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it146.55164.51182.47axis spans 25%before the news · 10 Jul164.51Nifty 50UNIONBANKbulletinD0+1+3+56 Jul16 Jul27 JulFutures open interest, lotspeak 35,000Reference close ₹164.51. 16 sessions from 6 Jul to 27 Jul; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Jul₹164.51basebase
On the day13 Jul₹170.39▲ +3.6%0.0%+3.5 pp difference
+1 session14 Jul₹170.67▲ +3.7%▼ −0.6%+4.4 pp difference
+3 sessions16 Jul₹168.77▲ +2.6%▼ −0.6%+3.1 pp difference
+5 sessions20 Jul₹175.93▲ +6.9%▲ +0.1%+6.8 pp difference
Gap at the open, % · ₹
▼ −0.9%−1.51 on 13 Jul
Day's range, % · ₹
5.0%≈ 8.2 high to low
Volume on the day
2.05×the 20-session average
Futures OI on the day
▲ +4.7%+1,500 lots · long build-up · price +3.6%
Futures OI open, lots
33,00013 Jul · 28 Jul expiry
Futures premium, ₹
+0.82+0.5% to spot
Puts per call, by OI
0.65from 0.67 the session before
Max pain
165from 163 the session before

Source NSE UDiFF bhavcopy · UNIONBANK on the desk →

Thread · UNIONBANKAll UNIONBANK bulletins →

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