Bank of Maharashtra has received an approval to raise equity capital up to Rs 1,062 crore by way of issue of equity shares to Government of India and/or to Qualified Institutional Buyers on preferential allotment basis or by way of issue of equity shares by right issue. The board at its meeting held on December 22, 2012 has approved for the same.
The board has further authorized the Chairman and Managing Director or in his absence the Executive Director to convene Extraordinary General Meeting of shareholders and to fix relevant date for the purpose of determining the issue price, as per relevant regulations and to take such other actions as required in the matter.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: