Bank of Maharashtra Share Price Falls 2% as Govt Weighs 5% Stake Sale.

The session turned cautious for public-sector banks, and the Bank of Maharashtra share price was among the first to feel the pressure. A fresh report hinting at a possible government stake sale pushed the stock lower, shifting the mood in the middle of an already sensitive trading day.

And just like that, a single update pulled Bank of Maharashtra's share price today into focus across the Indian market.

Market Performance: Bank of Maharashtra Share Price Today

The stock opened without much noise, but the turn came once reports of a possible stake sale surfaced.

By early afternoon, Bank of Maharashtra's share price slipped 2%, trading at ₹57.38 on the NSE at 1:35 p.m.

Key levels from the session:

• Price: ₹57.38
• Intraday Move: –2.02%
• Trigger: Report of potential 5% stake sale

The decline was sharp but measured, reflecting how quickly sentiment shifts when ownership-related news hits the market.

Main News: Govt May Sell Nearly 5% Stake in Bank of Maharashtra

The centrepiece of today’s action was a report suggesting that the government may consider selling about 5% stake in Bank of Maharashtra.

The reason behind the move is linked to regulatory requirements. The lender needs to align closer to the 25% minimum public shareholding norm, and the government currently holds a sizable 79.60% stake in the bank as of September 2025.

The update noted that a response from the bank was awaited at the time of reporting.

This possible stake sale, if executed, would be another step toward compliance for the state-owned lender, especially as public-sector banks undergo gradual shifts in ownership structures.

Company Details: Recent Capital Raise and Sector Context

Bank of Maharashtra has already taken steps toward strengthening its financial foundation and meeting public-shareholding rules.

A major development last year was a ₹3,500-crore qualified institutional placement (QIP) completed in October 2024. The fundraiser was aimed at boosting capital buffers and moving the bank closer to regulatory thresholds.

Today’s update also comes at a time when public-sector banks have been under the spotlight. Last month, the Finance Minister highlighted that the next phase of consolidation among state-run lenders had begun. This has kept sector sentiment active and occasionally volatile.

Summary

Bank of Maharashtra's share price moved lower by around 2%, trading at ₹57.38, after reports indicated that the government may look to sell nearly 5% stake in the lender.

The move is linked to meeting the 25% minimum public shareholding requirement, with the government currently holding 79.60%.

With its recent ₹3,500-crore QIP, the bank has already taken steps toward strengthening its position. But the latest update adds a fresh layer of attention to the stock and keeps Bank of Maharashtra share price today in focus within India’s broader public-sector banking narrative.