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Announced Tue, 6 May · 11:53 IST

Fixation of record date for payment of interest on bonds- INE457A08035

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bank of Maharashtra has fixed 12 June 2025 as the record date for payment of annual interest on its BASEL III Tier II Bonds (ISIN: INE457A08035). The bond issue size is Rs. 500 crore with a coupon rate of 9.20%. The interest payment of approximately Rs. 46 crore is due on 27 June 2025. The disclosure has been made under Regulation 60 of SEBI LODR, 2015, and is signed by the Company Secretary Nehal Rawat.

Likely market impact

This is a routine regulatory disclosure for bondholders and does not directly affect equity shareholders or the stock price. It simply confirms the timeline for the next interest payout on this specific bond series, with bondholders of record on 12 June 2025 being eligible for the payment.