Bank of Maharashtra has appointed Devdatta Rokade as its Chief Compliance Officer (CCO), effective October 1, 2026. The designation was made from the existing pool of Chief General Managers within the bank.

Rokade, who held the position of Chief General Manager prior to this change, assumes the role of CCO with immediate effect. This appointment follows an earlier disclosure made by the bank on July 24, 2026, which indicated that the institution was in the process of selecting a CCO from its senior management cadre.

Regulatory Disclosure

The bank communicated this change in senior management to both the Bombay Stock Exchange and the National Stock Exchange of India. The disclosure was filed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Vishal Sethia, Company Secretary and Compliance Officer of the bank.

Bank of Maharashtra completed the full redemption of its Basel III Compliant Tier II bonds with an issue size of ₹500 crore on September 25, 2026. The bank simultaneously paid the final annual interest amount of ₹11,09,04,109.59 to bondholders.

The redemption was triggered by the maturity of the instruments, which were originally issued with a tenor that concluded in September 2026. The bank processed both the principal repayment and the interest payout two days ahead of the scheduled due date of September 27, 2026. This early settlement was necessitated because September 26 and 27 fell on bank holidays, requiring payment on the preceding working day.

Redemption and Interest Details

The transaction involved the redemption of 5,000 non-convertible debentures (NCDs). The interest payment record date was set for September 12, 2026. The final interest payment was made annually, consistent with the terms of the issue.

Operational Compliance

The communication was filed pursuant to Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the notice was marked to Axis Trustee Services Limited, acting as the Debenture Trustee for the subject bonds. The company confirmed that there were no delays or non-payments associated with this cycle, as the funds were disbursed within the regulatory window despite the holiday constraints.