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Centre to sell up to 6% in Bank of Maharashtra
Mint Bangalore
|December 02, 2025
State-owned lender Bank of Maharashtra is likely to see a stake dilution as the government plans to divest up to a 6% stake through an offer for sale starting Tuesday.
“Offer for sale in the Bank of Maharashtra (BOM) opens tomorrow for non-retail investors. Retail investors can bid on Wednesday. Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option,” Arunish Chawla, secretary of the department of investment and public asset management, said in a post on social platform X on Monday.
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