https://www.taxtmi.com/news?id=63395 Government divestment of up to 6.0% stake in Bank of Maharashtra is structured as a 5% Offer for Sale with a 1% green shoe option at a Rs.54.0 floor price; 10% of the offer is reserved for retail investors to ensure compliance with Minimum Public Shareholding norms. The non retail bidding was subscribed 4.07 times and the green shoe option was fully exercised, taking total divestment to 6.0% of paid up capital, with the OFS opening to retail investors and bank employees thereafter. en-us Tue, 02 Dec 2025 18:39:26 +0530 Tue, 02 Dec 2025 18:39:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63395 Government divestment of up to 6.0% stake in Bank of Maharashtra is structured as a 5% Offer for Sale with a 1% green shoe option at a Rs.54.0 floor price; 10% of the offer is reserved for retail investors to ensure compliance with Minimum Public Shareholding norms. The non retail bidding was subscribed 4.07 times and the green shoe option was fully exercised, taking total divestment to 6.0% of paid up capital, with the OFS opening to retail investors and bank employees thereafter. News - Tue, 02 Dec 2025 18:39:26 +0530 https://www.taxtmi.com/news?id=63395