Bank of Maharashtra has announced the nominations for the election of one shareholder director at its upcoming Extraordinary General Meeting (EGM). The meeting is scheduled for 23rd March 2026, to be held via Video Conference and Other Audio Visual Means.
The bank received four nominations by the deadline of 6th March 2026. The candidates are Reena Jha Tripathi, Alok Jain, Ruma Dey, and Prasenjeet Shrikrishna Fadnavis. Each candidate has been accorded “Fit and Proper” status by the bank’s Board of Directors, in compliance with the Reserve Bank of India (Commercial Banks – Governance) Directions, 2025.
Remote voting for the election will be available from 9.00 am on 18th March 2026 until 5.00 pm on 22nd March 2026, as well as during the EGM. The candidate receiving the majority of votes will be declared the elected shareholder director.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).