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The President of India, acting through and represented by the Department of Financial Services, Ministry of Finance, Government of India, is the promoter of(the "Promoter" and the "Seller") proposes to sell up to 38,45,77,748 Equity Shares of Bank of Maharashtra (the "Bank"), (representing 5% of the total issuedand paid up equity share capital of the Bank) ("Base Offer Size"), on December 2, 2025, (?T day") (for non-Retail Investors (as defined below) only) and onDecember 3, 2025 ("T+1 day") (for Retail Investors, Employees (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bidsfrom T day) with an option to additionally sell 7,69,15,549 Equity Shares (representing 1% ofthe total issued and paid up equity share capital of the Bank) (the"Oversubscription Option") through a separate, designated window of the BSE Limited (the ?BSE") and the National Stock Exchange of India Limited ("NSE", andtogether with the BSE, the "Stock Exchanges"), collectively representing 6% of the total issued and paid up equity share capital of the Bank (held indematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer for salehereinafter referred to as the "Offer"). In the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size andthe Oversubscription Option will collectively,hereinafter be referred to as "Offer Shares" and while in the event that such Oversubscription Option is notexercised, the Equity Shares forming part of the Base Offer Size will continued to be referred as "Offer Shares".Additionally, 75,000 Equity Shares of the Bankmay be offered to eligible employees of the Bank through the stock exchange mechanism, in accordance with the terms and conditions provided in the OFSGuidelines, subject to approval from the competent authority (the "Employee Offer"). The eligible employees may apply for Equity Shares amounting up to Rs.500,000.The Offer shall be undertaken exclusively through the Seller's Brokers named below on a separate window provided by the Stock Exchanges for thispurpose.- Dates and time of the opening and closing of the Offer :The Offer shall take place over two trading days on a separate window of the Stock Exchangeson December 2, 2025 (?T" day) and December 3, 2025 ("T+1" day), commencing from 9:15 a.m. and shall close on the same date at 3:30 p.m. (Indian Standard Time)on both days, as per details given below.For non-Retail Investors: December 2, 2025Only non-Retail Investors shall be allowed to place their bids on T day,i.e., December 2, 2025. While placing their bids, non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day forallocation to them in the unsubscribed portion of Retail Category (defined below).The Offer shall take place during trading hours on a separate window of theStock Exchanges on T day, i.e., December 2, 2025 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date.For Retail Investors(defined below), Employees (defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids to T+1 Day: December 3, 2025The Offershall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 day, i.e., December 3, 2025 commencing at 9:15 a.m. andshall close on the same date at 3:30 p.m. Indian Standard Time on the same date.Only Retail Investors (defined below) shall be allowed to place their bids onT+1 day, i.e., December 3, 2025. Further, those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their unallotted bidsto T+1 day, shall be allowed to carry forward their un-allotted bids for allocation to them in the unsubscribed portion of Retail Category (defined below) andalso revise their bids on T+1 day as per the OFS Guidelines.(T day and T+1 day, collectively referred to as "Trade Dates")- Floor Price : The floor price forthe Offer shall be Rs. 54.00 per Equity Share ("Floor Price").
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