EGM on March 18, 2013
Bank of Maharashtra has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on March 18, 2013.20-02-2013
20-02-2013
Revision in the Base Rate
Bank of Maharashtra has informed BSE that the Base Rate of the Bank is reduced by 25 bps from 10.50% p.a. to 10.25% p.a. on monthly compounding basis, with effect from February 09, 2013.05-02-2013
Raising of additional equity capital by way of preferential allotment in favour of Government of India :- EGM on March 18, 2013
Bank of Maharashtra has informed BSE that the Government of India has decided to infuse additional equity capital to the tune of Rs. 406 crore (in aggregate) in the Bank by way of Preferential Allotment. It has, therefore, been decided to convene an Extraordinary General Meeting of shareholders of the Bank on March 18, 2013, to seek the requisite approval of the shareholders to the above proposal.01-02-2013
Outcome of Board Meeting
Bank of Maharashtra has informed BSE that the Board of Directors of the Company at its meeting held on December 22, 2012, has approved raising equity capital upto Rs. 1062 crore by way of issue of equity shares to Government of India and/or to Qualified Institutional Buyers on preferential allotment basis or by way of issue of equity shares by right issue and has further authorised the Chairman and Managing Director or in his absence the Executive...24-01-2013
Financial Results & Limited Review for Dec 31, 2012
Bank of Maharashtra has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2012.22-01-2013
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
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