💡 Board recommends final dividend of 12% (₹1.20 per share) for FY 2025-26, adding to interim dividend already paid.
What Happened
The Board of Directors of Bank of Maharashtra, in their meeting held on April 20, 2026, has recommended a final dividend of 12% on equity shares. This translates to ₹1.20 per share with a face value of ₹10 each for the financial year 2025-26. The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
Key Details
- Company: Bank of Maharashtra
- Event Type: Bonus
- Filing Date: 20-Apr-2026 15:38:31
- NSE Filing: View Document
Why It Matters
A dividend recommendation signals the company's financial health and its commitment to returning capital to shareholders. This final dividend of 12% is in addition to an interim dividend of 10% (₹1.00 per share) that was already declared and paid in January 2026. The combined payout indicates strong profitability and cash flow generation for the fiscal year, which is typically viewed positively by the market and can attract income-focused investors. The record date for eligibility will be announced later.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
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