Bank of Maharashtra pays interest on Basel III Tier-II Bonds
Bank of Maharashtra paid ₹46,25,20,547.95 as annual interest on its Basel III Tier-II Bonds (ISIN INE457A08035) on June 29, 2026. The payment was delayed by two days due to bank holidays, with the original due date being June 27, 2026. The bonds carry an issue size of ₹500.00 crore.
*this image is generated using AI for illustrative purposes only.
Bank of Maharashtra has paid the annual interest due on its Basel III Compliant Tier-II Bonds, ensuring bondholders receive returns despite a slight delay caused by bank holidays. The bank disbursed ₹46,25,20,547.95 on June 29, 2026, for bonds identified by the ISIN INE457A08035. This payment covers the annual interest obligation for an issue size of ₹500.00 crore.
The interest was due on June 27, 2026, but the actual payment occurred on June 29, 2026. The delay was attributed to June 27 and June 28 being bank holidays, with the transaction processed on the next working day. The record date for the interest payment was June 12, 2026.
Interest Payment Details
The following table outlines the specifics of the interest payment:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | ISIN | INE457A08035 |
| 2 | Issue Size | ₹500.00 crore |
| 3 | Interest Amount to be paid (including TDS) | ₹46,25,20,547.95 |
| 4 | Frequency | Annually |
| 5 | Interest payment record date | June 12, 2026 |
| 6 | Due date for interest payment | June 27, 2026 |
| 7 | Actual date for interest payment | June 29, 2026 |
| 8 | Amount of interest paid (including TDS) | ₹46,25,20,547.95 |
| 9 | Date of last interest payment | June 27, 2025 |
Axis Trustee Services Limited serves as the Debenture Trustee for the subject bonds. The disclosure was made pursuant to Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Bank of Maharashtra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.28% | -2.48% | +9.24% | +35.11% | +50.48% | +241.26% |
Will Bank of Maharashtra look to raise additional capital through similar Tier-II bond issuances in the upcoming fiscal year?
How might this timely interest payment influence investor demand for the bank's future debt instruments?
What impact will this interest outflow have on the bank's liquidity ratios and capital adequacy ratios for the current quarter?
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