Bank of Maharashtra 23rd AGM: all 4 resolutions passed, Rs 7,500 cr capital raise approved

Bank of Maharashtra held its 23rd AGM on 30 June 2026 via video conference; 102 members attended. All 4 resolutions passed: (1) FY26 audited accounts approved with 99.99% assent, (2) final dividend of Rs 1.20 per share on top of Rs 1.00 interim paid earlier, taking FY26 total dividend to Rs 2.20 per share, with 100% assent, (3) appointment of Shri Sushanta Kumar Mohanty as Executive Director approved with 95.86% assent, (4) equity capital raise of up to Rs 7,500 crore via preferential allotment, QIP, or Tier II bonds to meet Basel III CRAR needs passed as special resolution with 99.97% assent.