Bank of Maharashtra Clears ₹20.69 Crore Bond Interest — What It Signals for Investors
Bank of Maharashtra has paid ₹20.69 crore as annual interest on its Basel III compliant Tier-II Bonds (ISIN: INE457A08159), as informed to stock exchanges.
Bank of Maharashtra has informed the stock exchanges that it has successfully paid annual interest on its Basel III compliant Tier-II Bonds bearing ISIN: INE457A08159, in accordance with Regulation 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The interest payment was made on 15 December 2025, which was the next working day, as 14 December 2025 was a bank holiday, in line with the terms mentioned in the Information Memorandum.
Key Details of the Interest Payment
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Bond Type: Basel III Compliant Tier-II Bonds
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ISIN: INE457A08159
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Issue Size: ₹259 crore
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Interest Amount Paid (including TDS): ₹20.69 crore
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Interest Payment Frequency: Annual
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Record Date: 29 November 2025
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Due Date: 14 December 2025
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Actual Payment Date: 15 December 2025
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Date of Last Interest Payment: 16 December 2024
The Bank confirmed that there was no delay or default in the payment, and the interest was credited as per applicable regulatory and contractual provisions.
A copy of the intimation has also been forwarded to IDBI Trusteeship Services Ltd, the Debenture Trustee for the said bonds.
The disclosure has been made to both BSE Limited and the National Stock Exchange of India Limited for information and record.