Union Bank of India Shiv Dayal as Non appointed
Union Bank of India (NSE: UNIONBANK) said Shiv Dayal as Non has been appointed. The company is valued at about ₹1.4 lakh crore.
What happened
Union Bank of India (NSE: UNIONBANK) informed the stock exchanges on 4 November 2026 at 01:37 PM that Shiv Dayal as Non has been appointed.
From the filing: "Union Bank of India has informed the Exchange regarding Appointment of Mr Shiv Dayal as Non- Executive Independent Director of the company w.e.f."
Company snapshot
Union Bank of India is a large-cap company in the Financial Services sector, with a market value of about ₹1.4 lakh crore.
The stock last traded at ₹183.2, against a 52-week range of ₹145.9–₹205.5 (10.8% below the high).
Before this filing the shares had moved +9.3% over the month and +4.2% over three months. Average daily turnover over the last 20 sessions was about ₹291 crore.
Promoters held 74.76% at the end of Q2 FY27. Foreign institutions owned 9.40% and domestic institutions 11.64%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 32,215 | 4,426 | 5.8 |
| Q3 FY26 | 32,002 | 5,072.7 | 6.65 |
| Q4 FY26 | 32,675 | 5,503.6 | 7.21 |
| Q1 FY27 | 32,660 | 5,641.5 | 7.39 |
| Q2 FY27 | 33,471 | 5,781 | 7.57 |
What history shows
BCEIE's records show 4 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.8% on average the next trading day and was down 6.7% on average after five days (4 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.8% over five days; 50% of them rose the next day.
Market-wide, 4,237 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Sept 2026 | Management change | +2.2% | −0.5% |
| 2 Jul 2026 | Management change | −7.6% | −5.6% |
| 1 Jul 2026 | Management change | −6.7% | −10.1% |
| 1 Jul 2026 | Cessation of Mr Sanjay Rudra as Executive Director of the company… | +1.1% | −10.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- UNIONBANK Share Price Today - Union Bank of India on NSE/BSE
- MP High Court: Compensation Can Go To Any Nationalised Bank Account, Not Just Union Bank Of India
- Union Bank of India expands banking infrastructure in Uttar Pradesh, MD inaugurates new facilities
- Woman wins Rs 50.5 lakh payout from Union Bank over ‘missing’ jewellery from locker
- Union Bank deal with SmartVista puts QA in focus
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.