Bank of Maharashtra has completed its annual interest payment on Basel III Compliant Tier-II Bonds, fulfilling its regulatory obligations under SEBI listing requirements. The payment was processed on December 15, 2025, in compliance with the bank's bond agreement terms.

Bond Interest Payment Details

The bank made the interest payment on bonds with ISIN INE457A08159, representing a significant financial obligation. The payment details are structured as follows:

Payment Timeline and Compliance

The interest payment was originally scheduled for December 14, 2025. However, since this date fell on a bank holiday, the payment was processed on the next working day, December 15, 2025, as stipulated in the Information Memorandum. This demonstrates the bank's adherence to established protocols and regulatory guidelines.

Regulatory Framework

The interest payment was made pursuant to Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bank of Maharashtra communicated this information to both BSE Limited and National Stock Exchange of India Limited, maintaining transparency with stakeholders and regulatory bodies.

Bond Structure and Characteristics

The Basel III Compliant Tier-II Bonds represent part of Bank of Maharashtra's capital structure, with the principal amount standing at ₹259.00 crores. The annual interest payment of ₹20.69 crores reflects the bank's commitment to meeting its debt obligations in a timely manner.

The bank has also informed IDBI Trusteeship Services Limited, which serves as the Debenture Trustee for these bonds, ensuring all relevant parties are kept informed of the payment completion. This systematic approach to communication underscores the bank's commitment to regulatory compliance and stakeholder transparency.

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.