With reference to the earlier letter dated February 14, 2018 intimating about record date for call option of Basel III AT1 bonds, Bank of Maharashtra has now informed that Bank is exercising the call option under Regulatory event [i.e. Bank being placed under Prompt Corrective Action (PCA) by RBI] as per terms mentioned in Information Memorandum.
The above information is a part of company’s filings submitted to BSE.