Bank of Maharashtra has confirmed that all of its outstanding listed non-convertible debt securities remain unsecured. Following a review by statutory auditors for the quarter ending March 31, 2026, the bank has verified its compliance with financial covenants and security coverage requirements. This disclosure reaffirms the bank’s transparency regarding its debt obligations and capital structure for investors and stakeholders.
Debt Portfolio Overview
The bank has provided an updated status of its listed debt securities as of March 31, 2026. According to the internal review, all currently listed non-convertible debt instruments issued by the bank are classified as unsecured. The total sanctioned amount for these listed debt securities stands at ₹8,430.70 crore.
Compliance and Auditor Verification
To ensure alignment with financial regulations, the bank engaged M/s. S. Singhal & Co, a Statutory Central Auditor, to perform an independent audit of its security coverage and financial covenants. The audit process involved tracing assets, verifying debt covenants, and ensuring all reporting standards were met. The auditors confirmed that there were no breaches of covenants reported for the quarter ending March 31, 2026.
List of Debt Instruments
The following listed debt securities were assessed as part of the compliance review:
- INE457A08183: ₹1,612.00 crore
- INE457A08175: ₹811.00 crore
- INE457A08167: ₹1,000.00 crore
- INE457A08159: ₹259.00 crore
- INE457A08142: ₹515.00 crore
- INE457A08134: ₹880.00 crore
- INE457A08126: ₹348.00 crore
- INE457A08118: ₹710.00 crore
- INE457A08100: ₹290.00 crore
- INE457A08092: ₹1,000.00 crore
- INE457A08084: ₹100.00 crore
- INE457A08076: ₹205.00 crore
- INE457A08068: ₹200.70 crore
- INE457A08035: ₹500.00 crore
The bank continues to maintain its standard operational reporting, ensuring all obligations regarding these securities are transparently communicated to the stock exchanges.
Source: BSE
