Raising of AT1 Tier 1 Basel III compliant Bonds of Rs. 500 Crore with Green Shoe Option of Rs. 500 Crore
Bank of Maharashtra has informed BSE that the Bank is proposing to issue AT1 Basel III compliant Bonds of Rs. 500 Crore (Rupees Five Hundred Crore only) with Green Shoe Option of Rs. 500 Crore (Rupees Five Hundred Crore only).The Bank is calling for quotes / bids from merchant bankers / arrangers to participate in the above issue. Updates
With reference to the earlier letter dated June 26, 2014 wherein the Bank had informed as under:Mr. Premchandra Amolakchand Sethi, has been elected as a Director from amongst the shareholders (other than Central Govt) under Section 9(3)(i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970. The term of office of Mr. Sethi will be for a period of three years effective June 27, 2014. This is subject to the outcome... Revision in the Base Rate
Bank of Maharashtra has informed BSE that the Bank have decided to revise the Bank's Base Rate from 10.40% p.a. to 10.25% p.a. with effect from December 15, 2014. Financial Results & Limited Review for Sept 30, 2014 (Standalone)
Bank of Maharashtra has informed BSE about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2014. Change in Directorate
Bank of Maharashtra has informed BSE that Govt of India, Ministry of Finance vide its communication dated October 20, 2014 has informed that tenure of Dr. S.U.Deshpande as Officer Employee Director on the Board of Bank of Maharashtra has been curtailed w.e.f. March 16, 2014, subject to the outcome of writ petition filed by Bank of Maharashtra Officers Organization through its Zonal Secretary Vs Union of India and Others. Closure of Trading Window
Bank of Maharashtra has informed BSE that the meeting of Board of Directors will be held on November 07, 2014, inter alia, to consider and to approve the un-audited (Reviewed) Financial Results of the Bank for the quarter / half year ended September 30, 2014.The Trading Window will remain closed for the Directors and Designated employees of the Bank from October 29, 2014 to November 10, 2014 and will reopen on November 11, 2014. In compliance... Shareholding Pattern For September 30, 2014
Bank of Maharashtra has informed BSE about the Shareholding Pattern as on September 30, 2014. Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Bank of Maharashtra has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Life Insurance Corporation of India has submitted the disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 Outcome of Board Meeting
Bank of Maharashtra has informed BSE that the Board of Directors of the Bank at its meeting held on August 02, 2014, in which it is decided to fill in the post of second Shareholder Director on the Board of the Bank. The Board has authorised the Chairman to convene the Extraordinary General Meeting.