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Bank of Maharashtra share news, announcements and annual reports

NSE: MAHABANKBSE: 532525BanksMid Cap

Face value ₹10 · Listed Apr 2004
Last close ₹81.36up ₹0.36 (0.44%)BSE ₹81.20

Share price at the NSE close on 30 Oct 2026. Previous close ₹81.00.

30 Oct: open ₹80.54, high ₹82.15, low ₹80.19

52-week range of traded prices to 30 Oct 2026
₹55.51Low, 9 Dec 2025₹94.50High, 29 Jun 2026
Market cap
₹62,578 Cr186th largest listed
P/E
7.82
P/B
1.68
Dividend yield
2.70%
ROE
23.3%
NIM
3.83%
Gross NPA
1.25%
Net NPA
0.12%
CET1
15.61%
ROA
1.76%
Volume, NSE
1,39,76,92240.8% delivered

Bank of Maharashtra board and management

120 filed, newest first. Page 3 of 3.

  1. May 2011

    • 6 May · Management

      In exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970 / 1980 read with sub-clause (1) of clause (3) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services, vide their notification dated May 05, 2011 has nominated Dr. Naresh Kumar Drall, as part-time non-official director on the Board of Directors of the Bank. He is appointed for a period of three years from the date of notification or until further orders, whichever is earlier.
  2. Feb 2011

  3. Oct 2010

    • 1 Oct · Management

      In exercise of the powers conferred by clause (a) of subsection (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3, and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services vide their notification F.No 9/6/2009-BO.1 dated September 01, 2010, has appointed Shri. A.S. Bhattacharya, as Chairman and Managing Director of the Bank with effect from the date of his taking over charge of the post on or after October 01, 2010 and upto January 01, 2012 i.e. the last day of the month in which he would attain the age of superannuation or until further orders, whichever is earlier. Shri A.S. Bhattacharya has taken over the charge of the Bank on October 1, 2010. Shri. Allen C.A. Pereira, who had assumed the office of Chairman and Managing Director from May 04, 2008, has demitted his office on September 30, 2010 on attaining superannuation.
  4. Sep 2010

    • 9 Sep · Management

      In terms of the guidelines of the Reserve Bank of India, the Bank has appointed following Chartered Accountants firms, as the Statutory Central Auditors (SCAs) of the Bank for year 2010-11: (1) M/s B Chhawchharia & Co., Kolkata; (2) M/s Ray & Co., Kolkata; (3) M/s JCR & Co., Mumbai; (4) M/s Jodh Joshi & Co., Nagpur; (5) M/s N Kumar Chhabra & Co., Chandigarh; and (6) M/s DSP & Associates, New Delhi. The appointments of M/s N Kumar Chhabra & Co., Chandigarh and M/s DSP & Associates, New Delhi, are made in place of M/s Wahi & Gupta, New Delhi and M/s V C Gautam & Co., New Delhi, whose terms were completed. The other auditors are reappointed for continuing as SCAs for the year 2010-11
  5. Aug 2010

    • 3 Aug · Management

      In exercise of the powers conferred by clause (c) of sub section 3 of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings). Act, 1970/1980 read with sub-clause (1) of clause (3) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services vide their notification F.No-9/2/2007 BO-I dated July 30, 2010 has nominated Smt Kamala Rajan, Principal, College of Agricultural Banking, RBI, Pune as Director on Bank's Board with immediate effect and until further orders. The above nomination is made in place of existing Director Shri S K Gogia
  6. Jul 2010

    • 22 Jul · Management

      In exercise of powers conferred by clause (e) of Sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970/1980 read with Sub-clause (1) & (2) of clause 9 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services, after consultation with the Reserve Bank of India, vide notification F. No. 9/26/2009-BO-I dated 21th July 2010 has nominated Shri Shirish Dattatraya Dhanak, Special Assistant, as Workmen Employee Director on the Board of Directors of Bank of Maharashtra. He is appointed for a period of three years from the date of nomination or till he ceases to be workmen employee of the Bank of Maharashtra or until further orders, whichever is the earliest
  7. Oct 2009

    • 5 Oct · Management

      The Bank has received communication from Government of India on September 25, 2009 regarding amendment in existing provision of the Nationalised Banks (Management & Miscellaneous Provisions) Scheme 1970 / 1980, relating to term of office of the Officer Employee Directors /Workman Employee Directors. As per notification, the existing Officer Employee Directors/ Workmen Employee Directors will cease to be Directors after completion of three years tenure and will not continue thereafter until their successor have been nominated. Accordingly, Shri. D.R. Tuljapurkar, Workmen Employee Director who was appointed on March 15, 2004 has completed his tenure of three years on March 14, 2007, has ceased to be Director on the Board of the Bank with effect from September 25, 2009
  8. Jan 2009

    • 6 Jan · Management

      In terms of guidelines of the RBI issued vide letter DBS.ARS.No.6620/08.04.003/2008-09 dated December 1, 2008, the Bank has appointed following five Chartered Accountants firms as Statutory Central Auditors (SCAs) of the Bank for the year 2008-09: (1) M/S. C.R. Sagdeo & Co., Nagpur; (2) M/S. Shah Baheti Chandak & Co., Nagpur; (3) M/S Wahi & Gupta, New Delhi; (4) M/S. V.C. Gautam & Co., New Delhi; (5) M/S. B. Chhawchharia & Co., Kolkata. The appointment of M/S. B. Chhawchharia & Co., Kolkata is made in place of M/S. S. K. Mehta and Co., whose term was completed. The other auditors are reappointed for continuing as SCAs for the year 2008-09
  9. Oct 2008

    • 18 Oct · Management

      Shri. Abdul Ali Azizi, Nominee Director of the Bank ceased to be director on the Board of the Bank w.e.f. Sept 14, 2008, on expiry of his tenure
    • 16 Oct · Management

      Vide its letter dated October 15, 2008 that "In exercise of the powers conferred by clause (a) sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with sub-clause (1) of clause (3), sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, the Government of India, Ministry of Finance, Department of Economics Affairs after consultation with the Reserve Bank of India vide their notification F.No-9/16/2008-Bo-I dated 15th October, 2008 has appointed Shri. M.G. Sanghvi as Executive Director of the Bank from the date of his taking over charge and upto 30.06.2013, i.e. the date of his superannuation or until further orders whichever is earlier. Shri M.G. Sanghvi has taken over as the Executive Director of the Bank today".
  10. Jul 2008

    • 1 Jul · Management

      Shri Rajiv Madhok, Executive Director of the Bank demitted the office on June 30, 2008 on attaining superannuation.
  11. Jun 2008

    • 25 Jun · Management

      In exercise of the power conferred by clause (b) sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause (3) of the Nationalised Bank (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services, vide their notification F.No-9/7/2007-Bo-I dated June 10, 2008 has nominated Shri. V.P. Bhardwaj (Director, Department of Financial Services) as director with immediate effect and until further orders. The above nomination is made in place of existing Director Smt. Sukriti Likhi.
    • 20 Jun · Management

      Vides it letter dated June 04, 2008 that: " In exercise of the powers conferred by clause (a) of subsection (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970/1980 read with sub-clause (1) of clause (3), clause (5), clause (6), clause (7) and subclause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Economic Affairs vide their notification F.No-9/18/2007-Bo-I dated 4th June 2008 has appointed Shri. Alien C.A. Pereira as Chairman and Managing Director from the Date of taking charge and till 30.09.2010, i.e. the date of his superannuation or until further orders whichever is earlier. Shri Allien C.A. Pereira has taken over the charge of the Bank today".
    • 5 Jun · Management

      Vide its letter dated June 04, 2008 that: "In exercise of the powers conferred by clause (a) of subsection (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970/1980 read with sub-clause (1) of clause (3), clause (5), clause (6), clause (7) and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Economic Affairs vide their notification F.No-9/18/2007- Bo-I dated 4th June 2008 has appointed Shri.Allen C.A. Pereira as Chairman and Managing Director from the date of taking charge and till 30.09.2010, i.e. the date of his superannuation or until further orders whichever is earlier. Shri Allen CA. Pereira has taken over the charge of the Bank today".
  12. May 2008

    • 9 May · Management

      Pursuant to the notification issued by Government of India, Ministry of Finance, Department of Financial Services under section 9(3) (a) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, Shri.M.D.Mallya, Chairman and Managing Director of our Bank has been appointed as Chairman and Managing Director of Bank of Baroda. Shri M.D. Mallya has demitted the office of Chairman and Managing Director of our Bank on 07.05.08
    • 6 May · Management

      Auditor's report in respect of the audited financial results for the quarter/year ended March 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  13. Mar 2008

    • 31 Mar · Management

      In exercise of the powers conferred by clause (f) sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Financial Services, after consultation with the Reserve Bank of India, vide their notification F.No.-9/61/2004-Bo-I dated 17th March 2008 has nominated Dr. Sunil Uddhavrao Deshpande, Senior Manager (Scale III) and Senior Faculty at the Staff Training Centre of the Pune, as Officer Employee Director on the Board of Directors of Bank of Maharashtra. The above nomination is made in place of outgoing Director Shri. P.N. Deshpande. He is appointed for a period of three years from the date of the notification or till he ceases to be an officer of the Bank of Maharashtra or until further orders, whichever is the earliest, subject to the final order in the Writ Petition No. 5394 of 2001 filed by the Bank of Maharashtra Officers' Association before the Mumbai High Court.
  14. Feb 2008

    • 2 Feb · Management

      Vide its letter dated January 31, 2008 that: "In exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings). Act,1970/1980 read with sub-clause (1) of clause (3) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, the Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division) vide their notification F.No-9/22/2006-Bo-I dated 23rd January 2008 has nominated Shri.Chittaranjan Patwari, as part-time non-official director with immediate effect. He is appointed for a period of three years from the date of notification or until further orders, whichever is earlier".
  15. Jul 2007

    • 18 Jul · Management

      The Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division), in exercise of the powers conferred by Clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 read with sub-clause (1) of clause (3) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, vide their notification F.No.9/7/2007-BO.I dated 5th July, 2007, nominated Mrs. Sukriti Likhi, Deputy Secretary (RRB&CP), Ministry of Finance, Banking Division, as Director with immediate effect and until further orders. The above nomination is made in place of the existing Director Shri. Tarun Bajaj
  16. Mar 2007

    • 20 Mar · Management

      The Department of Economic Affairs (Banking Division), Ministry of Finance, Government of India, vide their notification F.NO.9/2/2007-B.O.I dated 27th February, 2007 nominated Shri. S K Gogia as Director under Clause (c) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, with immediate effect and until further orders. The above nomination is made replacing the existing Director Shri H R Khan.