Bank of Maharashtra has informed the Exchange about Copy of Newspaper Publication
MAHABANK · price
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Bank of Maharashtra has filed copies of newspaper advertisements published on 8th June 2025 in Financial Express (English), Loksatta (Marathi), and Jansatta (Hindi) regarding its 22nd Annual General Meeting. The AGM is scheduled for Monday, 30th June 2025 at 11:00 AM via Video Conferencing. Key business items include consideration of FY2024-25 financial statements, declaration of dividend, raising of equity capital up to Rs 7,500 crore through various modes, approval of executive remuneration for FY2025-26 to FY2029-30, and election of one shareholder director. Remote e-voting will be open from 27th June (9:00 AM) to 29th June (5:00 PM), with cut-off date of 23rd June 2025. Record date for dividend eligibility was 9th May 2025.
This is a routine procedural filing confirming AGM notice publication. However, the agenda includes a significant Rs 7,500 crore equity capital raise proposal and dividend declaration, both of which could materially affect shareholders. Investors should review the AGM notice for full details and participate in e-voting before 29th June 2025.