Bank of Maharashtra has informed the Exchange that Record date for the purpose of Dividend is 09-May-2025.
MAHABANK · price
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On the reaction day the stock moved 1.3 pts more than Nifty Midcap 150 and 0.2 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bank of Maharashtra has fixed 09-May-2025 as the record date to determine shareholders eligible to receive the dividend. Investors who hold the bank's shares on or before this date will be entitled to the upcoming dividend payout. The announcement does not mention the actual dividend amount or percentage. This is a routine corporate action announcement typically made a few weeks ahead of the actual dividend payment.
Shareholders on the books as of 09-May-2025 will qualify for the dividend. The exact payout quantum is not yet disclosed, so the income impact for investors remains unknown until the bank announces the dividend rate.