Bank of Maharashtra (MAHABANK) — Announcement

📢 Key Event
Board appoints part-time non-official director for three-year term

💡 Investor Takeaway
The new director adds construction industry experience to the board without immediate financial impact.

Bank of Maharashtra announced the appointment of Shri Naresh Kumar Vashisht as a part-time non-official director on its board for three years, effective from August 12, 2026, as per a government notification. This fills a board vacancy and brings construction sector expertise to the board, enhancing governance depth without altering financial performance or capital plans.

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About Bank of Maharashtra (MAHABANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹60,009.51 Cr P/E: 8.6

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🔥 Also filed on 13 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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