Appointment of Statutory Central Auditors for the year 2012-13
Bank of Maharashtra has informed BSE about appointment of Statutory Central Auditors for the year 2012-13.19-01-2013
19-01-2013
Outcome of Board Meeting
Bank of Maharashtra has informed BSE that the Board of Directors of the Company at its meeting held on January 10, 2013, has approved raising of equity share capital upto Rs. 200 crore (face value) as follow on public offer (FPO) and/or on right issue and/or by way of placement of equity shares through qualified institutional placement (QIP) in FY 2013-14 and has further authorised the Chairman and Managing Director or in his absence the Executive...11-01-2013
Board Meeting on Jan 10, 2013
Bank of Maharashtra has informed BSE that a meeting of the Board of Directors of the Company will be held on January 10, 2013, inter alia to consider the proposal to raise additional equity share capital upto Rs. 200 crore (face value) as Follow - on public offer (FPO) and/or on right issue and/or by way of placement of equity shares through qualified institutional placement (QIP) in FY 2013-14.07-01-2013
Updates on Raising of lower Tier II Bonds of Rs. 1000 crore
With reference to the earlier announcement dated December 24, 2012 regarding Raising of lower Tier II Bonds of Rs. 1000 crore, Bank of Maharashtra has now informed BSE that the issue of lower Tier II Bonds of Rs. 1000 crore was fully subscribed and closed on December 29, 2012.31-12-2012
Withdrawal of Raising of Tier I Innovative Perpetual Debt Instruments (IPDI) of Rs 350 crore
With reference to the earlier announcement dated December 24, 2012 regarding Raising of Tier I Innovative Perpetual Debt Instruments (IPDI) of Rs. 350 crore, Bank of Maharashtra has now informed BSE that the aforesaid issue of Tier I Innovative Perpetual Debt Instruments (IPDI) of Rs. 350 crore, is withdrawn.31-12-2012
Cancellation of EGM
With reference to the earlier announcement regarding convening of Extraordinary General Meeting (EGM) of Shareholders on January 10, 2013 for election of one Director from amongst the Shareholders, other than Central Government, Bank of Maharashtra has now informed BSE that in response to the said notice of EGM, the bank received following one valid nomination as against the vacancy of one shareholder Director in terms of Section 9(3)(i) of the Banking...28-12-2012
Raising of Tier I Innovative Perpetual Debt Instruments (lPDI) upto Rs. 350 crore and lower Tier II Bonds upto Rs. 1000 crore
Bank of Maharashtra has informed BSE that to augment the Company's Capital Adequacy requirements, the Bank has decided to issue -1. Tier I Unsecured, Non Convertible, Subordinated, Perpetual] Bonds (Innovative Perpetual Debt Instruments) in the nature of Promisory Notes up to Rs. 350 crore and2. Unsecured, Redeemable, Non Convertible, Subordinated, (Lower Tier II) Bonds in the nature of Promisory Notes up to Rs. 1000 crore. The Lower Tier Il Bonds are for a period of 120 months....24-12-2012
Board Meeting on Dec 22, 2012
Bank of Maharashtra has informed BSE that a meeting of the Board of Directors of the Bank will be held on December 22, 2012, inter aIia, to consider the proposal of raising equity capital by way of preferential allotment to Government of India and/or to Qualified Institutional Buyers or Right Issue.19-12-2012
EGM on Jan 10, 2013
Bank of Maharashtra has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank will be held on January 10, 2013.18-12-2012
Outcome of Board Meeting (EGM on Jan 10, 2013)
Bank of Maharashtra has informed BSE that the Board of Directors in the meeting held on November 23, 2012, interalia approved convening of Extraordinary General Meeting of shareholders of the Bank for conducting election of one shareholder director from among the shareholders other than Central Government to fill, the vacancy caused by the resignation of Shri A. K. Pandit, the shareholder director. The Bank therefore, has decided to convene the Extraordinary...26-11-2012