Bank of Maharashtra has closed its trading window for dealing in securities effective July 1, 2026, to prevent potential insider trading ahead of its financial results for the quarter ended June 30, 2026. The window will remain shut until 48 hours after the declaration of the Q1FY27 results, ensuring compliance with regulatory standards.

The restriction applies to the bank's directors, designated persons, their immediate relatives, and connected persons. This measure is implemented in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the bank's internal Code of Conduct for Prohibition of Insider Trading.

The specific date of the board meeting where the financial results will be approved has not yet been announced. The bank stated that it will inform the stock exchanges regarding this schedule in due course.

The closure of the trading window is a standard procedural step taken by listed entities to maintain market integrity and ensure that no privileged information is used for trading during the sensitive period preceding financial announcements.

Key Details of the Trading Window Closure

Bank of Maharashtra has scheduled its 23rd Annual General Meeting for Tuesday, 30 June 2026, at 11:00 a.m. IST via Video Conferencing. The meeting will transact ordinary business to adopt the financial statements for the year ended 31 March 2026 and declare a dividend on equity shares for FY 2025-26. Shareholders will also vote on special business items, including the appointment of Shri Sushanta Kumar Mohanty as Executive Director and a proposal to raise equity capital aggregating up to ₹7,500 crore through various modes.

The Bank has fixed Friday, 5 June 2026, as the record date to determine shareholder entitlement to the dividend for FY 2025-26. The payment of the dividend is subject to approval at the AGM and tax deduction at source. Voting rights for all agenda items will be reckoned based on shareholder status as of Tuesday, 23 June 2026.

Remote e-voting will commence at 09:00 a.m. on Thursday, 25 June 2026, and conclude at 05:00 p.m. on Monday, 29 June 2026. Shareholders holding shares in demat mode can vote through the CDSL or NSDL e-voting systems using their existing login credentials or by providing PAN and demat account details.

Shri Sushanta Kumar Mohanty, appointed as Executive Director effective 15 April 2026, brings over 30 years of banking experience. His previous roles include positions at Bank of Baroda and directorships at Baroda U.P. Gramin Bank and FIMMDA. His tenure is for three years or until further orders.

Key AGM Dates

Agenda Items