Bank of Maharashtra has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The filing discloses material regulatory actions and outlines the bank's performance in environmental and social governance parameters.

The report reveals that the Reserve Bank of India (RBI) imposed a total monetary penalty of ₹64.30 lakh on the bank during the year. This includes a penalty of ₹31.80 lakh for non-compliance with directions regarding accounts opened using Aadhaar OTP based e-KYC in non face-to-face mode, and a penalty of ₹32.50 lakh for non-compliance with provisions on credit information reporting for Self Help Group members and Know Your Customer norms. No appeals have been preferred against these orders.

On the environmental front, the bank reported significant progress in its green finance initiatives. As of March 31, 2026, the bank's green finance portfolio included ₹174 crore under the Maha Super Green Housing Loan Scheme, ₹368 crore under the Maha Super Green Car Loan Scheme for electric vehicles, and ₹285 crore under the Rooftop Solar Scheme. The bank also mobilised ₹78 crore under green deposits and extended ₹538 crore towards renewable energy finance.

The bank's operations generated 70 metric tonnes of e-waste during FY26, which was entirely recycled. Furthermore, the bank installed solar panels at its Head Office and 24 other premises, generating 16,28,400 units of electricity and resulting in savings of approximately ₹2 crore on electricity costs. The total Scope 1 and Scope 2 greenhouse gas emissions for the year stood at 36,573 metric tonnes of CO2 equivalent.

In terms of social impact, the bank extended ₹40,212 crore to the agriculture sector and ₹1,13,225 crore to the priority sector. Women beneficiaries received ₹26,200 crore under various schemes. The bank contributed ₹3.53 crore towards various social and environmental initiatives under its Corporate Social Responsibility activities. The workforce comprised 15,596 permanent employees, with women constituting 29% of the total staff.

The report was signed by Vishal Sethia, Company Secretary & Compliance Officer, and submitted to the exchanges on June 06, 2026.

Bank of Maharashtra has fixed Friday, June 5, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year 2025-26. The bank’s Board of Directors, at a meeting held on April 20, 2026, approved a final dividend of 12%, which translates to ₹1.20 per share on equity shares with a face value of ₹10 each. This final dividend will be paid only after approval by shareholders in the Annual General Meeting.

The total dividend distribution for the year includes an interim dividend of ₹1.00 per share (10%) that was declared on January 13, 2026, and paid during the financial year. The final dividend of ₹1.20 per share is in addition to this interim payout, increasing the total return for shareholders for FY26.

Dividend Details

The following table outlines the dividend structure declared by bank of maharashtra for the financial year:

The record date of June 5, 2026, is crucial for investors as it marks the cutoff date established under Regulation 42 to determine which members are entitled to receive the dividend. Shareholders holding the bank’s equity shares as of this date will be eligible for the payout once approved by the AGM.