Bank of Maharashtra: Superannuation of Mr Amit Srivastava as Chief Vigilance Officer of the Bank w.e.f. September 30, 2026
Bank of Maharashtra (MAHABANK) filed a disclosure titled "Superannuation of Mr Amit Srivastava as Chief Vigilance Officer of the Bank w.e.f. The company is valued at about ₹61,048 crore.
What happened
Bank of Maharashtra (MAHABANK) filed a disclosure with the exchanges on 30 September 2026 at 06:56 PM titled "Superannuation of Mr Amit Srivastava as Chief Vigilance Officer of the Bank w.e.f. September 30, 2026".
Company snapshot
Bank of Maharashtra is a mid-cap company in the Financial Services sector, with a market value of about ₹61,048 crore.
The stock last traded at ₹79.37, against a 52-week range of ₹54.66–₹94.5 (16.0% below the high).
Before this filing the shares had moved −3.5% over the month and −11.3% over three months. Average daily turnover over the last 20 sessions was about ₹124 crore.
Promoters held 73.60% at the end of Q1 FY27. Foreign institutions owned 5.81% and domestic institutions 14.27%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 7,879 | 1,504.4 | 1.96 |
| Q2 FY26 | 7,974 | 1,668.6 | 2.17 |
| Q3 FY26 | 8,277 | 1,799 | 2.34 |
| Q4 FY26 | 8,693 | 2,044.9 | 2.66 |
| Q1 FY27 | 9,064 | 2,023.3 | 2.63 |
What history shows
BCEIE's records show 3 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.4% on average the next trading day and was down 2.0% on average after five days (3 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.0% on average the next day and −0.2% over five days; 50% of them rose the next day.
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Sept 2026 | Appointment of Mr Saurabh Kumar as GOI Nominee Director on the Board… | −5.5% | −2.4% |
| 13 Aug 2026 | Management change | −0.7% | −1.7% |
| 24 Jul 2026 | Management change | −1.0% | −1.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- Bank of Maharashtra prices $500M in five-year notes at 6.112%
- India's state-run Bank of Maharashtra plans debut dollar debt sale, bankers say
- Bank of Maharashtra raises $500 million in global debt
- Bank Of Maharashtra Share Price rises 2.73%: valuation view
- Bank Of Maharashtra’s $500 Mn Overseas Bond Gets Nearly 3x Subscription
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.