Bank of Maharashtra appoints new auditors, confirms bond interest payment

Bank of Maharashtra has announced the appointment of four chartered accountant firms/LLPs as its statutory central auditors (SCAs) for the financial year 2025-26, following approval from the Reserve Bank of India. The continuing SCAs are M/s. G D Apte & Co., Mumbai, and M/s. Manubhai & Shah LLP, Ahmedabad. Newly appointed SCAs include M/s Sagar & Associates, Hyderabad, and M/s S. Singhal & Co, Jaipur. Brief profiles of each firm, detailing their founding year, number of partners, office locations, and areas of expertise in audit and assurance, were also provided.

In a separate announcement, Bank of Maharashtra confirmed the payment of annual interest amounting to Rs. 76,91,20,000 on its BASEL III Additional Tier-I Bonds (ISIN: INE457A08134) on December 26, 2025. The bonds have an issue size of Rs. 880.00 crore, with the interest payment record date set as December 11, 2025. This payment aligns with the due date of December 26, 2025.

These disclosures were made in compliance with Regulation 30 and Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, respectively, and were communicated to both BSE Ltd. and the National Stock Exchange of India Ltd.