Bank of Maharashtra has submitted a compliance filing to the BSE Ltd. and National Stock Exchange of India Ltd. regarding its promoter shareholding status. The declaration was made in accordance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that the promoter of the bank, the President of India, held a significant majority stake in the entity. As of the financial year ending March 31, 2026, the promoter's shareholding stood at 73.60% of the total equity shares.

Declaration on Encumbrance

The bank, on behalf of its promoter, provided a specific declaration concerning the status of these shares during the financial year 2025-26. It stated that the promoter, along with persons acting in concert (PAC), has not made any encumbrance, directly or indirectly, on the shares held during this period.

The disclosure was formally communicated by Vishal Sethia, the Company Secretary & Compliance Officer of Bank of Maharashtra. The correspondence was addressed to the Vice Presidents of both BSE Ltd. and NSE Ltd. to update their records.

Key Shareholding Details

Bank of Maharashtra published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on April 22, 2026, pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations 47 & 52. The public sector bank demonstrated robust performance across key operational metrics, with total business crossing ₹6 lakh crore.

Q4FY26 Financial Performance

The bank reported a Net Interest Margin (NIM) of 3.95% for the quarter ended March 31, 2026, while Return on Assets (RoA) stood at 1.97%. The cost-to-income ratio for the quarter was 37.08%, reflecting operational efficiency. Total Income from Operations (Net) for the quarter reached ₹8,693.04 crore.

Business Growth Performance

Bank of Maharashtra achieved strong growth across all major business segments. Total business grew by 17.47%, with advances recording growth of 21.74%. Deposits increased by 14.14%, while CASA deposits maintained a healthy ratio of 52.51%. Retail advances grew by 32.39%, and vehicle loans showed significant expansion at 55.51%.

Asset Quality and Capital Adequacy

The bank maintained strong asset quality indicators with Gross NPA at 1.45% and Net NPA at 0.13%. The Provision Coverage Ratio stood at 98.59%, indicating robust provisioning practices. Net Worth reached ₹30,272.42 crore, while the Debt-Equity Ratio was 0.70.

Annual Performance Comparison

For the year ended March 31, 2026, the bank reported Total Income from Operations (Net) of ₹32,822.53 crore compared to ₹28,401.62 crore in the previous year. Net Profit after Tax for the year was ₹7,019.32 crore. Earnings Per Share (EPS) for the year stood at ₹9.13 per share of ₹10 each.

Regulatory Compliance

The bank's audited financial results were published in Financial Express (English Daily) and Punyanagari (Marathi Daily) on April 22, 2026. Company Secretary & Compliance Officer Vishal Sethia confirmed the newspaper publication to BSE and NSE, fulfilling regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations.