Bank of Maharashtra has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 23, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bank of Maharashtra held its Extraordinary General Meeting on March 23, 2026, where shareholders approved both agenda items. The first item was the appointment of Shri Prabhat Kiran as Executive Director, which was already notified by the Ministry of Finance on November 24, 2025, for a three-year period. This resolution passed with strong support — 97.78% of votes in favour (about 676.74 crore votes) and only 2.22% dissent. The second item was the election of one Shareholder Director from among four candidates. Shri Prasenjeet Shrikrishna Fadnavis won the election with 89.08 crore votes, far ahead of the other candidates. He will hold office until June 30, 2028, effective from March 24, 2026. The meeting was attended by 55 members and conducted via video conferencing.
This is a routine corporate governance update confirming the formal shareholder approval of an already-appointed Executive Director and the election of a new Shareholder Director. No material financial or strategic impact is expected on shareholders or the stock price from this filing alone.