New Delhi: Bank of Maharashtra has successfully paid ₹78.60 crore in annual interest on its Basel III-compliant Tier II bonds, with the payment completed on the scheduled due date of October 21, 2026. The payment includes Tax Deducted at Source (TDS) and fulfils the bank’s interest payment obligation to bondholders.
The bank confirmed the payment in a regulatory disclosure submitted under Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Bank of Maharashtra Confirms Timely Interest Payment
According to the regulatory communication, the annual interest payment relates to the bank’s Basel III-compliant Tier II bonds bearing ISIN INE457A08092. The bank disbursed the total interest amount of ₹78.60 crore on October 21, 2026, in line with the scheduled payment date.
The record date for determining eligible bondholders was October 6, 2026. The bank also confirmed that there was no delay in the payment and no change in the interest payment frequency.
Key Details of Bank of Maharashtra Tier II Bonds
The key details of the interest payment are as follows:
- Bank: Bank of Maharashtra
- Bond Type: Basel III-compliant Tier II bonds
- ISIN: INE457A08092
- Issue Size: ₹1,000 crore
- Interest Amount Paid: ₹78.60 crore, including TDS
- Interest Payment Frequency: Annual
- Record Date: October 6, 2026
- Due Date: October 21, 2026
- Actual Payment Date: October 21, 2026
- Previous Interest Payment Date: October 23, 2025
- Regulatory Disclosure: Regulation 57(1) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
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Bank of Maharashtra Complies with SEBI Regulations
Bank of Maharashtra submitted the interest payment confirmation under Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure confirms that the interest payment was completed on the scheduled date, with no delay reported. The bank also confirmed that there was no change in the interest payment frequency.
A copy of the regulatory communication was marked to Catalyst Trusteeship Limited, which serves as the debenture trustee for the bonds.
Timely Interest Payment Reflects Financial Commitment
The payment of ₹78.60 crore highlights Bank of Maharashtra’s adherence to its scheduled debt servicing obligations. Timely interest payments are important for maintaining investor confidence and ensuring transparency in the bank’s financial and regulatory disclosures.
By completing the payment on the due date, the bank has fulfilled its annual interest payment obligation for the specified Basel III Compliant Tier II Bonds.
About Bank of Maharashtra (BoM)
Bank of Maharashtra (BoM) is a public sector bank headquartered in Pune, Maharashtra. Established in 1935, the bank provides a range of banking and financial services, including deposits, loans, digital banking and services for retail, agricultural and business customers. It operates under the Government of India’s public sector banking framework and serves customers through its branch network across India.
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