Bank of Maharashtra pays bond interest, redemption on schedule

Bank of Maharashtra (BSE: 532525) has announced the payment of interest and redemption amount on its bonds (ISIN: INE457A08050) as of March 6, 2025. The annual interest payment totals ₹52,20,00,000 (including TDS). The redemption involved 6000 NCDs. The total amount redeemed was ₹600.00 crore. All payments were made on the scheduled due date, March 6, 2025. The bank confirmed the payment is in compliance with SEBI regulations. A copy of the communication has been sent to Axis Trustee Services Limited, the Debenture Trustee for the subject Bonds.