Bank of Maharashtra has informed the Exchange that Board of Directors at its meeting held on April 20, 2026, recommended Final Dividend of Rs. 1.20 per equity share.
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Bank of Maharashtra's Board of Directors has recommended a final dividend of Rs. 1.20 per equity share (12% on face value of Rs. 10) for Financial Year 2025-26. This final dividend is subject to shareholder approval at the AGM. Additionally, an interim dividend of Rs. 1.00 per share (10%) was already declared on January 13, 2026 and paid during the financial year. Combined, total dividend for FY2025-26 would be Rs. 2.20 per share. The record date for the final dividend will be announced separately.
The announcement of an additional Rs. 1.20 final dividend, on top of the Rs. 1.00 interim already paid, signals the bank's strong financial performance in FY2025-26. This is positive for shareholders as it indicates consistent or improved profitability. The total dividend of Rs. 2.20 per share provides income certainty pending shareholder approval.