The firm has also sanctioned the issuance of long-term infra bonds amounting to Rs 10,000 crore during the fiscal period of 2026-27 in multiple tranches.

Bank of Maharashtra To Raise Up To Rs 7,500 Crore Via Equity, Debt Instruments

Bank of Maharashtra is set to raise Rs 7,500 crore via the issuance of equity and debt instruments, after declaring its financial results for the fourth quarter of fiscal 2025-26, according to an exchange filing on Monday.

The company approved the raising of capital up to Rs 7,500 crore by issuing equity shares on the basis of preferential allotment or through a QIP (Qualified Institutional Placement), FPO (Follow-on Public Offer), rights, ESPS issue and more. It is further considering Tier I and Tier II bonds. This is subject to approval by regulatory authorities.

The firm has also sanctioned the issuance of long-term infra bonds amounting to Rs 10,000 crore during the fiscal period of 2026-27 in multiple tranches. It has also sanctioned raising long-term funds by issuing foreign currency bonds up to $500 million in multiple tranches during fiscal 2026-27.

Bank of Maharashtra Q4 Results

The state-owned bank posted 34.9% rise in net profit to Rs 2,014 crore for the fourth quarter ended March 2026, with rising interest income. The Pune-based lender had posted a net profit of Rs 1,493 crore in the January-March period a year ago.

The net interest income, i.e, the difference of interest earned and interest paid, for the quarter grew 18.9% to Rs 3,702 crore in the fourth quarter of as against Rs 3,116 crore in the same period of the last fiscal.

Bank of Maharashtra's asset quality also improved during the quarter under review, with the gross non-performing assets ratio at 1.45% of gross loans by the end of March 2026 from 1.6% in the previous quarter.

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