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| Exchange Disseminated Time | Bank of Maharashtra has informed BSE that to augment the Company's Capital Adequacy requirements, the Bank has decided to issue -
1. Tier I Unsecured, Non Convertible, Subordinated, Perpetual] Bonds (Innovative Perpetual Debt Instruments) in the nature of Promisory Notes up to Rs. 350 crore and
2. Unsecured, Redeemable, Non Convertible, Subordinated, (Lower Tier II) Bonds in the nature of Promisory Notes up to Rs. 1000 crore. The Lower Tier Il Bonds are for a period of 120 months.
The issue opens on December 26, 2012, closes on December 29, 2012 and the deemed date of allotment is December 31, 2012. |
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