Bank of Maharashtra has informed the Exchange regarding 'Compliance of Regulation 31 (4) and 31 (5) of SEBI SAST Regulations, 2011'.
MAHABANK · price
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Bank of Maharashtra has filed a compliance declaration confirming that its promoter, President of India (Government of India), held 73.60% equity stake as of 31st March 2026. The bank has also declared that the promoter and persons acting in concert (PAC) have not created any share encumbrances — directly or indirectly — during the financial year 2025-26. This filing is a routine regulatory requirement under SEBI's SAST (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was submitted by Company Secretary Vishal Sethia dated 4th April 2026.
The promoter holding remains strong at ~74% with zero encumbrances, signalling no immediate dilution or takeover risk. This is a routine disclosure with no direct impact on the stock price.