SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bank of Maharashtra gets nod to raise Rs 394 crore by Equity Shares

07 Oct 2015 Evaluate

Bank of Maharashtra, a leading public sector bank, has received shareholders’ approval to raise Rs 394 crore by issuing 10.51 crore equity shares on preferential basis to the government. The share holding of Government of India (GOI) in Bank of Maharashtra will increase to 81.61 percent from the existing 79.80 percent after the issue and allotment of aforesaid Equity Share.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The bank also offers services to agricultural and SME sectors.

Bank of Maharashtra Share Price

74.30 1.58 (2.17%)
20-Apr-2026 11:07 View Price Chart
Peers
Company Name CMP
SBI 1118.55
PNB 114.75
Canara Bank 143.95
Bank Of Baroda 284.60
Union Bank Of India 190.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×