Bank of Maharashtra Recommends 12% Final Dividend for FY26, Total 22%
Bank of Maharashtra's Board recommended a 12% final dividend for FY26 (₹1.20 per share). This is in addition to the 10% interim dividend (₹1.00 per share) already paid. Shareholder approval is required at the AGM. The record date will be announced later.
Dividend announcements are generally viewed positively by investors, but the impact is considered medium as it's a distribution of profits rather than a new growth initiative. The total dividend payout is substantial.
The recommendation of a final dividend, in addition to an interim dividend, is a positive signal to shareholders, indicating the company's profitability and commitment to returning value.
The Board of Directors of Bank of Maharashtra, in their meeting held on April 20, 2026, recommended a final dividend of 12% on equity shares. This amounts to ₹1.20 per share with a face value of ₹10 each for the Financial Year 2025-26.
This final dividend, subject to shareholder approval at the Annual General Meeting (AGM), will be paid in addition to the interim dividend of 10% (₹1.00 per equity share) that was declared on January 13, 2026, and paid during the financial year. The record date for this final dividend will be intimated in due course.
What to do with a filing like this
Bank of Maharashtra filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Bank of Maharashtra. Read the original for the full detail.