Bank of Maharashtra has informed the Exchange about Intimation of ESG Ratings under Regulation 30 of SEBI (LODR) Regulations, 2015
MAHABANK · price
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Bank of Maharashtra has been assigned an ESG score of 72.52, corresponding to an A+ ESG rating, by Resurgent ESG Services Private Limited, a SEBI-registered Category-II ESG Rating Provider and subsidiary of Resurgent India Limited. The rating covers FY 2024-2025 and was carried out using Resurgent ESG's proprietary framework, which combines publicly available data with direct engagement with the bank's stakeholders. The assessment covers the bank's environmental impact, social responsibility, and governance practices. The rating recognizes the bank's ongoing efforts to strengthen its ESG practices.
This is a positive but routine disclosure that highlights the bank's strong ESG profile (A+ rating, score of 72.52). It may appeal to ESG-focused investors and funds but is unlikely to cause a meaningful short-term movement in the stock price on its own.