Mumbai: State-owned Bank of Maharashtra has informed stock exchanges about a change in its top management following the cessation of Shri Rohit Rishi as Executive Director of the Bank.
In a regulatory filing submitted to BSE Limited and the National Stock Exchange of India (NSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank stated that Shri Rohit Rishi ceased to hold office with effect from February 3, 2026.
The development follows his appointment as Managing Director of India Infrastructure Finance Company Limited (IIFCL), as per the notification issued by the Department of Financial Services (DFS), Ministry of Finance, Government of India, dated February 3, 2026.
Also Read: Union Bank of India Announces Senior Management Change on February 1, 2026
Official Regulatory Disclosure
Bank of Maharashtra confirmed that the change has been duly intimated to the stock exchanges in compliance with applicable SEBI regulations. The bank requested the exchanges to take the information on record.
The disclosure was signed by Vishal Sethia, Company Secretary & Compliance Officer, Bank of Maharashtra.
Stock Market Details
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BSE Scrip Code: 532525
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NSE Symbol: MAHABANK
The announcement is being closely tracked by investors as Bank of Maharashtra continues its operational and governance journey under public sector banking reforms.