Bank of Maharashtra has officially disclosed the status of its listed non-convertible debt securities. As of September 30, 2026, the bank confirmed that all outstanding listed non-convertible debt securities issued are of an unsecured nature. The total outstanding amount for these securities stands at ₹7,930.70 crore. This disclosure is made in compliance with SEBI regulations.
Bank of Maharashtra Discloses Debt Status
Bank of Maharashtra has provided a crucial disclosure regarding its outstanding listed non-convertible debt securities. As per a filing dated October 26, 2026, the bank has confirmed that all such securities issued are entirely of an unsecured nature. This transparency is in line with the requirements of Regulation 54 of the SEBI (LODR) Regulations, 2015.
Total Unsecured Debt Amount
The total value of these outstanding unsecured non-convertible debt securities amounts to ₹7,930.70 crore as of the quarter ended September 30, 2026. This information was verified by M/s. S. Singhal & Co, Chartered Accountants, acting as the Statutory Central Auditor of the Bank. The certificate confirms compliance with SEBI circulars pertaining to security coverage and financial covenants.
Compliance and Verification
The independent auditors, S. Singhal & Co., performed a thorough audit, tracing assets and liabilities and verifying terms of issue and compliance with SEBI circulars. Their report confirms that the Bank has met all covenants and terms related to these debt securities. The auditors noted that there were no breaches or failures to comply with any covenants for the quarter ending September 30, 2026.
The listed debt securities are detailed with their respective ISINs, showing them as ‘Private Placement’ and ‘Unsecured’ with sanctioned amounts totaling ₹7,930.70 crore. No specific security cover was required or provided for these issuances, as indicated by ‘NA’ in the ‘Cover/Security Required’ column.
Source: BSE
