Bank of Maharashtra — Important, 18-02-2025: General Updates

The Bank has successfully allotted Long Term Infra Bonds worth Rs. 1,612 crore on a private placement basis. These non-convertible, taxable bonds come with a coupon rate of 7.70% and are secured by listing on the Wholesale Debt Market segment of BSE Limited. A total of 21 allottees participated in this issuance, which reflects the Bank's ongoing strategy to strengthen its capital structure while providing investors with attractive fixed-income opportunities. This development could enhance the Bank's liquidity and support its long-term growth initiatives. Investors may view this bond issuance as a positive signal towards the Bank's financial stability and proactive funding strategy.