Announced Tue, 30 Jun · 19:27 IST
Bank of Maharashtra 23rd AGM: All 4 resolutions passed; Rs 7,500 cr capital raise approved
Board & Shareholder Meetings View source PDF
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹91.33
prior close
₹91.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.7-0.7-1.0-0.4-3.0-5.4-9.0-11.4-7.9-13.3———
Up moveDown movePending
AI summary
Bank of Maharashtra held its 23rd AGM on 30 June 2026. All 4 resolutions passed: FY26 financials adopted (99.99% in favor), final dividend of Rs 1.20 per share for FY26 on top of Rs 1.00 interim dividend, appointment of Sushanta Kumar Mohanty as Executive Director (95.86% in favor), and approval to raise up to Rs 7,500 crore equity capital via QIP, FPO, preferential allotment, or Tier I and II bonds for Basel III norms (99.97% in favor).
Likely market impact
Shareholders get FY26 dividend of Rs 2.20 per share. Rs 7,500 crore capital raise may dilute equity but strengthens Basel III capital position.