Bank of Maharashtra has successfully completed its annual interest payment on Basel III Compliant Tier-II Bonds, fulfilling its regulatory obligations under SEBI listing requirements. The payment was made on December 15, 2025, totaling ₹15.55 crores to bondholders.

Bond Interest Payment Details

The bank made the interest payment on its Basel III Tier-II bonds with ISIN INE457A08068, which have a total value of ₹200.70 crores. The payment was originally scheduled for December 14, 2025, but was executed on December 15, 2025, due to December 14 being a bank holiday.

Regulatory Compliance

The interest payment was made in accordance with Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bank of Maharashtra notified both BSE Limited and National Stock Exchange of India Limited about the successful completion of the payment.

The bank trades on BSE with scrip code 532525 and on NSE with scrip code MAHABANK. The payment delay of one day was justified due to the bank holiday on the original due date, as permitted under the Information Memorandum governing the bonds.

Bond Structure and Trustee Information

The Basel III Compliant Tier-II Bonds represent part of the bank's regulatory capital structure, designed to meet banking sector capital adequacy requirements. Catalyst Trusteeship Limited serves as the Debenture Trustee for these bonds, ensuring proper oversight and protection of bondholder interests.

The successful completion of this interest payment demonstrates Bank of Maharashtra's commitment to honoring its debt obligations and maintaining transparency with stakeholders through proper regulatory disclosures.

The Indian government has successfully reduced its shareholding in Bank of Maharashtra , a public sector bank, through a recent Offer for Sale (OFS) conducted on December 2-3, 2025. This move is part of the government's ongoing efforts to divest its stakes in public sector enterprises.

Key Details of the Transaction

Impact on Government Shareholding

The Department of Financial Services, acting on behalf of the Government of India, executed this transaction, which resulted in a significant reduction of the government's ownership in Bank of Maharashtra. This move aligns with the government's disinvestment strategy and aims to increase public participation in the ownership of public sector banks.

Implications for Investors and the Bank

This divestment could potentially lead to:

1. Increased float in the market, potentially improving liquidity for the bank's shares
2. Greater public participation in the bank's ownership structure
3. Possible changes in the bank's governance structure in the long term

Investors should note that while this transaction changes the ownership structure, it does not immediately impact the bank's operations or financial standing. However, it may signal the government's continued commitment to reducing its direct involvement in public sector banks over time.

As always, investors are advised to conduct their own research and consider their investment goals before making any investment decisions based on this development.