Bank of Maharashtra Declares Interim Dividend; Record Date Set for Today
By Shishta Dutta | Published at: Jan 20, 2026 02:42 PM IST

Mumbai, 20 January 2026: Bank of Maharashtra has announced an interim dividend of 10%, translating to ₹1.00 per equity share of ₹10 face value, for the financial year 2025–26. The decision was approved by the bank’s Board of Directors at its meeting held on 13 January 2026, and has been formally intimated to both BSE Ltd. and the National Stock Exchange of India Ltd.
The Board’s approval confirms a cash payout of ₹1 per share to eligible equity shareholders for FY26. The announcement follows statutory disclosure requirements and was communicated to both the NSE and BSE.
Record Date Set as 20 January 2026
To determine shareholder eligibility, the bank has fixed Tuesday, 20 January 2026, as the record date. Shareholders whose names appear on the register of members or beneficial owners as of this date will be entitled to receive the interim dividend, subject to applicable regulations.
Interim Dividend Approved at Board Meeting on 13 January 2026
The interim dividend declaration stems directly from the Board meeting held on 13 January 2026, establishing the formal trigger for the payout. The announcement provides clarity on the dividend rate, face value, financial year applicability, and record date, completing the procedural framework required for dividend distribution.
Bank of Maharashtra Ltd Share Price Decline 2.83% in Early Trade
On the NSE, Bank of Maharashtra Ltd share price was trading at ₹64.88 at 9:47 am IST on, down ₹1.89 or 2.83% for the day. The stock opened at ₹66.35. The bank has a market capitalisation of ₹49.90 thousand crore, a price-to-earnings ratio of 7.70, a dividend yield of 2.12%, and a quarterly dividend amount of ₹0.34. The stock’s 52-week high stands at ₹67.74, while the 52-week low is ₹42.00.
References
- https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cda57e5-6d02-4db1-ae75-c93d9df43feb.pdf
- https://www.bseindia.com/stock-share-price/bank-of-maharashtra/mahabank/532525/
- https://www.nseindia.com/get-quote/equity/MAHABANK/Bank-of-Maharashtra
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