Description

Bank of Maharashtra lists 3,289 new equity shares under Employee Share Purchase Scheme 2018, effective December 08, 2025, with one-year lock-in period from allotment date.

Summary

Bank of Maharashtra (Scrip Code: 532525) will list 3,289 new equity shares of Rs.10/- each issued under the Bank of Maharashtra Employee Share Purchase Scheme 2018 (BOM ESPS 2018). These shares will be permitted for trading from Monday, December 08, 2025. The shares rank pari-passu with existing equity shares and are subject to a one-year lock-in period from the date of allotment.

Key Points

  • 3,289 equity shares of Rs.10/- each fully paid up
  • Issued under Bank of Maharashtra Employee Share Purchase Scheme 2018
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE457A01014
  • Date of Allotment: April 18, 2019
  • Distribution Numbers: 2853170541 to 2853171138 and 2853171139 to 2853173829
  • Lock-in applies to 3,289 shares (598 + 2,691 shares across two distribution ranges)

Regulatory Changes

No regulatory changes introduced. This is a routine listing of shares issued under an existing employee share purchase scheme.

Compliance Requirements

  • Trading members are informed about the new securities being listed
  • The new equity shares are subject to mandatory lock-in for one year from the date of allotment (April 18, 2019)
  • Shares will be available for trading only after the lock-in period expires

Important Dates

  • Date of Allotment: April 18, 2019
  • Trading Commencement Date: December 08, 2025 (Monday)
  • Notice Date: December 05, 2025
  • Lock-in Period: One year from date of allotment (expired as of April 18, 2020)

Impact Assessment

Market Impact: Negligible. The listing involves only 3,289 shares, which represents a minimal addition to Bank of Maharashtra’s existing equity base. This is a routine corporate action under an employee benefit scheme.

Trading Impact: No significant impact expected on trading volumes or price movements given the small number of shares being listed.

Operational Impact: Standard listing procedure with no changes to existing trading systems or processes.

Impact Justification

Routine employee stock listing with minimal volume (3,289 shares) under existing ESPS scheme; no material impact on trading or market operations