Bank of Maharashtra confirmed the successful payment of annual interest due on its BASEL III compliant Tier II Bonds (ISIN: INE457A08084) on March 23, 2026. The total interest amount paid, inclusive of TDS, amounted to Rs. 8,00,00,000.00 against an issue size of Rs. 100.00 crore. The record date for this payment was March 8, 2026, and the frequency of payment is annual.
Interest Payment Confirmation for Tier II Bonds
Bank of Maharashtra has formally disclosed the execution of its scheduled annual interest payment pertaining to the BASEL III compliant Tier II Bonds identified by ISIN INE457A08084. This payment was executed on the due date, March 23, 2026.
Key Financial Details of the Payment
The announcement provided a detailed breakdown of the payment particulars:
- ISIN:
INE457A08084 - Issue Size: Rs. 100.00 crore
- Total Interest Amount Paid (including TDS): Rs. 8,00,00,000.00
- Payment Frequency: Annually
Important Dates
The timelines associated with this specific interest disbursement are documented as follows:
- Interest Payment Record Date: 8th March, 2026
- Due Date for Interest Payment: 23rd March, 2026
- Actual Date of Interest Payment: 23rd March, 2026
- Date of Last Interest Payment: 24th March, 2025
Compliance and Disclosure
The Bank confirmed that the interest payment was made successfully, indicating ‘Yes’ for the status of interest/redemption payment. Furthermore, there were ‘N.A.’ reasons reported for any non-payment or delay in the disbursement process. A copy of this communication has also been forwarded to Catalyst Trusteeship Limited, the appointed Debenture Trustee for these Bonds.
Source: BSE
