
Corporate Action3 Sept 2026, 09:00 pm
Bank of Maharashtra Sets Record Date for Bond Redemption
AI Summary
Bank of Maharashtra has announced the record date for the redemption payment of its BASEL III Tier II bonds (ISIN: INE457A08035). The record date has been fixed as September 12, 2026, with the due date for redemption payment set for September 27, 2026. The total issue amount for these bonds was Rs. 500.00 crore, carrying a coupon rate of 9.20%. This intimation is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and a copy has been provided to the Debenture Trustee, Axis Trustee Services Limited.
Key Highlights
- Record date set for September 12, 2026, for bond redemption.
- Redemption payment due on September 27, 2026.
- BASEL III Tier II bonds with ISIN INE457A08035.
- Total issue size of Rs. 500.00 crore.
- Coupon rate for the bonds is 9.20%.
Price Impact
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