Bank of Maharashtra : Compliance of Regulation 31 (4) and 31 (5) of SEBI SAST Regulations- 2011
April 06, 2024 at 09:30 am EDT
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AX1/ISD/STEX/07/2024-25
Date: 6th April, 2024
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: Compliance of Regulation 31 (4) and 31 (5) of SEBI SAST Regulations- 2011
ln compliance of Regulation 31(4) and 31(5) of SEBl (Substantial Acquisition of Shares and Takeovers) Regulation, 2011, we hereby submit that the promoter of the Bank i.e. "PRESIDENT OF INDIA" held 86.46% equity shares of Bank as on 31st March, 2024.
We, on behalf of our promoter, declare that the "promoter along with the persons acting in concert", has not made an encumbrance, directly or indirectly, during the financial year 2023-24.
Kindly take the same on your record and acknowledge.
Thanking you.
Yours faithfully,
For Bank of Maharashtra
NEHAL RAWAT
Digitally signed by
NEHAL RAWAT Date: 2024.04.06 12:12:35 +05'30'
(Nehal Rawat)
Company Secretary & Compliance Officer
प्रधान कार्ाालर्/ Head Office: "Lokmangal", 1501, Shivajinagar, Pune - 411005
Bank of Maharashtra published this content on
06 April 2024 and is solely responsible for the information contained therein. Distributed by
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The Bank of Maharashtra Limited (the Bank) is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks outside India, interest accrued on investments and related income. The Corporate/Wholesale Banking Segment includes all advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking Segment includes exposure to the individual person/persons or to a small business, no aggregate exposure to one counterparty exceeds 0.2% of the overall retail portfolio of the Bank, and the maximum aggregated retail exposure to one counterpart is up to Indian Rupee five crores. The Other Banking Operations segment includes all other banking transactions. Its products and services include e-payment taxes, credit cards, doorstep banking, and a new pension scheme, among others.
BANK OF MAHARASHTRA 
