Bank of Maharashtra appoints shareholder director, secretarial auditor
Bank of Maharashtra (BSE: MAHABANK) has announced the appointment of Mr. Mrutyunjay Mahapatra as a Shareholder Director of the bank, effective July 1, 2025, for a three-year term. This decision was made in accordance with regulation 66 of Bank of Maharashtra (Shares and Meetings) Regulations, 2004 & Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, following an election where Mr. Mahapatra secured the majority of votes. Mr. Mahapatra, a seasoned banker with over four decades of experience, including a stint as Managing Director & CEO of Syndicate Bank, brings extensive experience in the banking sector and board-level expertise.
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