Bank of Maharashtra has informed that the meeting of the Board of Directors of the company is scheduled on January 4, 2019, to consider and approve the proposal of raising of Equity capital aggregating to Rs 4,498 crore by way of Preferential allotment of shares to Government of India (GOI) subject to necessary approvals/ permissions. The above information is pursuant to the Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.