Bank of Maharashtra has announced the record date for its final dividend payment. The Board of Directors has recommended a final dividend of 12% (Rs. 1.20 per equity share) for the financial year 2025-26. This will be in addition to the interim dividend already declared. The record date for determining shareholder eligibility for this dividend is set for Friday, June 5, 2026.
Final Dividend Announcement
The Board of Directors of Bank of Maharashtra, in a meeting held on April 20, 2026, has approved the recommendation for a final dividend. This dividend is proposed at 12% on the equity shares of the Bank, translating to Rs. 1.20 per equity share. This recommendation pertains to the financial year 2025-26.
Dividend Details and Record Date
This final dividend, subject to shareholder approval at the Annual General Meeting (AGM), will be distributed in addition to the interim dividend of Rs. 1.00 per equity share (10%) that was declared on January 13, 2026, and subsequently paid during the financial year. To ensure that eligible shareholders are correctly identified for receiving this dividend, the Bank has fixed Friday, June 5, 2026, as the Record Date.
Stock Exchange Information
The Bank’s shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE Scrip Code is 532525, and the NSE Scrip Code is MAHABANK.
Source: BSE