AX1/ISD/STEX/86/2023-24

Date: 1st November, 2023

The General Manager

The Vice President

Department of Corporate Services,

Listing Department,

BSE Ltd.,

National Stock Exchange of India Ltd.,

P.J Towers,

Exchange Plaza,

Dalal Street, Fort,

Bandra Kurla Complex,

Mumbai-400 001

Bandra (East), Mumbai-400 051

BSE Scrip Code: 532525

NSE Scrip Code: MAHABANK

Dear Sir/ Madam,

Sub: Appointment of Shri Rohit Rishi as Executive Director of the Bank

With reference to above, we would like to inform that in exercise of powers conferred by Clause

  1. of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, the Department of Financial Services, Ministry of Finance, Government of India vide notification no. eF. No. 4/1(ix)/2023-BO.I dated 9th October, 2023 has notified that the Central Government has appointed Shri Rohit Rishi as Executive Director on the Board of Bank of Maharashtra for a period of three years with effect from 01.11.2023 or until further orders, whichever is earlier, in place of Shri A.B. Vijayakumar.

Mr. Rohit Rishi has assumed the charge as Executive Director of the Bank today. Brief profile of Mr. Rohit Rishi is attached herewith.

We request you to consider the above information pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Thanking you.

Yours faithfully,

For Bank of Maharashtra

NEHAL RAWAT

Digitally signed by

NEHAL RAWAT Date: 2023.11.01 11:36:50 +05'30'

(Nehal Rawat)

Company Secretary & Compliance Officer

प्रधान कार्ाालर्/ Head Office: "Lokmangal", 1501, Shivajinagar, Pune - 411005

टेली/Tel.: 020 25511360 ईमेल/ Email:investor_services@mahabank.co.inवेबसाइ/ टWebsite:www.bankofmaharashtra.in

Brief Profile of Mr. Rohit Rishi, Executive Director

Name

Age

Education Qualification

Date of Appointment

Appointment clause

Mr. Rohit Rishi 54 years

B.Tech(Textiles), MBA(Finance) and CAIIB 01.11.2023

Appointed under Clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

Brief profile

Shri Rohit Rishi started his banking career as Industrial Development Officer in Indian Bank in July 1995 and has over 28 years of experience working in diversified areas of banking. During his tenure, he worked in all key banking functions in various capacities mainly in credit management.

He has worked across the country in various positions such as Industrial Development Officer, AGM MSME/ Corporate Office, Chennai, Head of Bank's flagship branch in New Delhi; DGM (Corporate Branch, New Delhi), FGM at Bengaluru, Mumbai and Delhi.

As General Manager he took active part in amalgamation of Allahabad Bank into Indian Bank.

As a vivid learner, he has attended various training programmes and workshops at Frankfurt School of Finance & Management, NIBM Pune, IIM Bengaluru (conducted by FSIB), EDI Ahmedabad.

He is reputed in the organization for his Credit Management, Leadership skills and cultivating performance-oriented and high- delivery teams.

Mr. Rohit Rishi does not have any relationship with any existing directors of the Bank.

NEHAL RAWAT

Digitally signed by NEHAL RAWAT

Date: 2023.11.01 11:37:13 +05'30'

प्रधान कार्ाालर्/ Head Office: "Lokmangal", 1501, Shivajinagar, Pune - 411005

टेली/Tel.: 020 25511360 ईमेल/ Email:investor_services@mahabank.co.inवेबसाइ/ टWebsite: www.bankofmaharashtra.in

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Bank of Maharashtra published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2023 14:25:19 UTC.