Payment of Annual Interest on bonds (INE457A08092)
MAHABANK · price
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Bank of Maharashtra has paid annual interest of Rs. 78.60 crore on its BASEL III Compliant Tier-II Bonds (ISIN: INE457A08092), originally due on 21 October 2025. The payment was made on 23 October 2025, the next working day, since 21 and 22 October were bank holidays. The total bond issue size is Rs. 1,000 crore, and interest is paid annually. The previous interest payment was made on 21 October 2024.
This is a routine regulatory disclosure confirming timely servicing of bond obligations. It signals continued credit discipline and has no material impact on the stock price, though it reassures bondholders and investors about the bank's debt servicing capability.