Payment of Annual Interest on bonds (ISIN- INE457A08175)
MAHABANK · price
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Bank of Maharashtra has paid annual interest on its Long Term Infra Bonds (Series-1) on the scheduled due date of 5 August 2025. The total interest paid was Rs. 63.26 crore (including TDS) on bonds with an issue size of Rs. 811 crore, implying an annual coupon of about 7.8%. This is a routine regulatory disclosure under SEBI's Listing Obligations confirming that the interest was paid on time with no delays or defaults. Axis Trustee Services Limited is the debenture trustee for these bonds.
This is a routine, on-schedule debt servicing event and has no negative impact on shareholders or the stock. It confirms the bank is meeting its bond obligations in full and on time.