Bank of Maharashtra — Board Meeting, 25-04-2025: Outcome of Board Meeting
25-04-2025 | 03:11 pm
25-04-2025 | 03:11 pm
The Bank's Board has approved raising capital up to ₹7,500 Cr through various methods, including Follow-on Public Offer (FPO), Rights issue, Qualified Institutional Placement (QIP), or a combination thereof, subject to necessary approvals. Additionally, the Board sanctioned the issuance of Long Term Bonds (Infra Bonds) up to ₹10,000 Cr in multiple tranches during FY 2025-26. These decisions are expected to bolster the Bank's financial position and facilitate future growth opportunities.
No comments yet. Be the first to comment!
