Bank of Maharashtra has successfully paid its annual interest of ₹41,09,70,000.00 on its Basel III Compliant Tier II Bonds. The interest payment was made on the due date, September 18, 2026, with the record date being September 3, 2026. This timely disbursement ensures financial compliance and reassures bondholders of the bank’s commitment to its debt obligations.
Interest Payment Confirmed for Tier II Bonds
Bank of Maharashtra has officially announced the payment of its annual interest concerning the Basel III Compliant Tier II Bonds. The specific bond is identified by the ISIN INE457A08142. The bank confirmed that the interest payment was successfully processed on the due date, providing clarity to investors regarding the financial status of these instruments.
Key Payment Details
The total interest amount paid for this period stands at ₹41,09,70,000.00. This payment is in line with the terms of the bonds, which have an annual interest frequency. The record date for determining the beneficiaries of this interest payment was September 3, 2026, with the actual payment occurring on September 18, 2026. The previous interest payment was made on September 18, 2025.
Bond Information
The issue size for these Basel III Compliant Tier II Bonds is ₹515.00 crore. The Bank of Maharashtra has provided this information in compliance with regulatory requirements, ensuring transparency for all stakeholders. The bonds are listed on both the Bombay Stock Exchange (BSE) under scrip code 532525 and the National Stock Exchange (NSE) under scrip code MAHABANK.
Source: BSE
