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Union Bank of India will suspend share trading from April 1, 2026. The bank is closing its trading window as it prepares to announce its audited financial results for the fiscal year ending March 31, 2026. This measure is in accordance with Securities and Exchange Board of India (SEBI) regulations.
This closure is a regulatory requirement under SEBI's Prohibition of Insider Trading (PIT) regulations. The aim is to prevent individuals with access to non-public, price-sensitive information from trading the bank's shares, thereby ensuring a level playing field for all investors. The trading window will remain shut until 48 hours after the official announcement of the audited financial results.
A key point of note is that the exact date for the reopening of the trading window is not yet fixed. This is due to the fact that the bank's board meeting to approve the audited financial results for FY2025-26 has not yet been scheduled.
During this period, known as a 'blackout period', designated persons within Union Bank, including directors and key employees, are prohibited from trading the bank's securities. Recent SEBI directives may also extend these restrictions to immediate relatives of these designated individuals.
This practice is common across the financial sector. Major Indian banks, including State Bank of India, Punjab National Bank, and private sector firms like HDFC Bank, adhere to similar SEBI-mandated trading window closures before announcing their financial results.
Investors and market observers should monitor upcoming announcements regarding the date of the board meeting to approve the FY2025-26 audited results. The subsequent declaration of these results will then establish the precise reopening time for the trading window. This routine closure is a standard step preceding the bank's annual financial disclosures.