ICRA Limited has reaffirmed its 'ICRA AA+' ratings with a stable outlook on Bank of Maharashtra 's debt securities worth Rs 11,500 crore, underscoring the bank's strong creditworthiness. The rating action covers a range of debt instruments including Basel III Tier II Bonds and Long Term Infrastructure Bonds.

Rating Details

The reaffirmed ratings apply to the following securities:

Rating Withdrawal

It's worth noting that ICRA has withdrawn its rating for one Basel III Tier II Bond with an 8.70% coupon rate. The reason for this withdrawal was not specified in the available information.

Implications of the Rating Action

The reaffirmation of the 'AA+' rating with a stable outlook indicates ICRA's continued confidence in Bank of Maharashtra's ability to honor its debt obligations. This rating suggests very low credit risk and a high degree of safety regarding timely servicing of financial obligations.

For investors and stakeholders, this rating action provides assurance about the bank's financial stability and its capacity to meet its debt commitments, even under challenging economic conditions.

Disclosure Compliance

Bank of Maharashtra disclosed this information in compliance with Regulation 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank's prompt disclosure of this rating action demonstrates its commitment to transparency and regulatory compliance.

The reaffirmation of these high ratings could potentially enhance Bank of Maharashtra's ability to raise capital in the future, should the need arise, and may positively influence investor perception of the bank's financial health.

Bank of Maharashtra (BoM), a prominent Indian public sector bank, has announced its plans to engage with prospective investors and analysts through a series of non-deal road shows and meetings. The bank has scheduled these interactions for July 25, 2025, as per a recent disclosure to the stock exchanges.

Investor Engagement Details

The bank's outreach program will include:

• Group meetings with investors and analysts
• One-on-one sessions with interested parties
• Discussions focused on publicly available information

Transparency and Compliance

In its communication to the BSE and NSE, Bank of Maharashtra emphasized its commitment to transparency and regulatory compliance:

• No unpublished price-sensitive information will be shared during these meetings
• Discussions will be limited to information already in the public domain
• The bank will adhere to all applicable SEBI regulations, including the Listing Obligations and Disclosure Requirements

Flexible Schedule

While the primary date for these interactions is set for July 25, 2025, the bank has noted that the schedule may be subject to change. Potential adjustments could occur due to:

• Exigencies on the part of investors
• Unforeseen circumstances affecting the bank's availability

Investor Relations Contact

For further information, interested parties can reach out to the bank's investor services at investor_services@mahabank.co.in or visit the official website at www.bankofmaharashtra.in .

This initiative by Bank of Maharashtra demonstrates its proactive approach to investor relations and its commitment to maintaining open lines of communication with the financial community. As the banking sector continues to evolve, such engagements provide valuable opportunities for investors and analysts to gain insights into the bank's operations and strategies within the bounds of regulatory compliance.