Bigul

BANK OF MAHARASHTRA - 532525 - Approval Of Raising Of Equity Capital By Passing Circular Resolution

With reference to our earlier intimation dated 21.03.2020, this is to inform that the Board of Directors of Bank has approved the following proposals through Circular resolution on 26.03.2020. 1) Raising of Equity Capital for an amount aggregating to Rs.831/- Crore (including premium) through issue of equity shares of Bank to Government of India on Preferential basis. 2) Approval of Shareholders of the Bank to be obtained through Postal ballot process for Preferential issue. We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
26-03-2020
Bigul

BANK OF MAHARASHTRA - 532525 - Raising Of Equity Capital.

In reference to our earlier intimation dated 20.03.2020 regarding receipt of Equity Capital of Rs.831 Crore from Govt. of India, we would like to inform you that the Board of Directors of the Bank will consider the following proposals by way of Circular resolution on or after 26.03.2020: 1) Raising of Equity Capital for an amount aggregating to Rs.831/- Crore through issue of equity shares of Bank to Government of India on Preferential basis. 2) Seeking approval of the Shareholders of the Bank by Postal ballot for Preferential issue. We request you to consider the above information pursuant to the Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
21-03-2020
Bigul

BANK OF MAHARASHTRA - 532525 - Capital Infusion By Government Of India In Bank

We would like to inform you that Government of India vide its Letter dated 17.03.2020 had informed about its decision to infuse Capital of Rs.831/- crore (Rupees Eight Hundred and Thirty One Crore only) in Bank. Bank had received the Capital of Rs.831/- crore on 20.03.2020 and same will be kept in Share Application Money A/c till all allotment formalities are completed. Bank will take all necessary approvals/ permissions from Shareholders/ Regulatory authorities for Preferential allotment of Equity shares of Bank to Government of India (GoI) in due course of time. We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
20-03-2020
Bigul

BANK OF MAHARASHTRA - 532525 - Issue Of Basel III Compliant Tier II Bonds Of Rs.600 Crore

This is to inform that the Bank has today allotted 6000 bonds of face value of Rs.10,00,000/- each to allottees and successfully raised Capital of Rs.600/- Crore.
06-03-2020
Bigul

BANK OF MAHARASHTRA - 532525 - Announcement under Regulation 30 (LODR)-Change in Directorate

This is to inform you that Dr. Archana Ravindrarai Dholakia, who was appointed as Part time non-official Director of the Bank under Section 9(3)(h) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 has ceased to be a Director of the Bank upon completion of her tenure of one year on 29th February, 2020. We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
03-03-2020
Bigul

Bank of Maharashtra - 532525 - Announcement under Regulation 30 (LODR)-Raising of Funds

This is to inform that the Bank is proposing to raise Capital by issue of Basel III Compliant Unsecured, Redeemable Non-Convertible Tier II Bonds of Base issue size of Rs.200 Crore (Rupees Two Hundred Crore only) with Green Shoe Option of Rs.400 Crore (Rupees Four Hundred Crore only) aggregating to Rs.600 Crore (Rupees Six Hundred Crore only) on private placement basis. We request you to consider the above information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
03-03-2020
Bigul

BANK OF MAHARASHTRA - 532525 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015.

Details of sale of equity stake in Petronet MHB Limited by Bank.
28-02-2020
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