The Board of Directors of Bank of Maharashtra has recommended a final dividend of 12% on the equity shares, amounting to ₹1.20 per share with a face value of ₹10 each for the financial year 2025-26. This recommendation was made during the board meeting held on 20 April 2026.
The proposed final dividend will be subject to the approval of shareholders at the upcoming Annual General Meeting (AGM). Once approved, it will be in addition to the interim dividend of ₹1.00 per equity share, which was declared on 13 January 2026 and has already been paid during the financial year.
The bank has stated that the record date for the dividend will be announced in due course.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).