Bank Of Maharashtra hands over Dividend to Government of India

Bank has also paid Rs 20.92 crore towards the Dividend Distribution Tax to the exchequer.

A S Bhattacharya, CMD of BOM, accompanied by M.G. Sanghvi, ED handed over Dividend to Dr Pranab Mukherjee,Shashikant Sharma, Secretary Financial Services, MOF was also present on the occasion.A S Bhattacharya, CMD of BOM, accompanied by M.G. Sanghvi, ED handed over Dividend to Dr Pranab Mukherjee,Shashikant...

Pune, Maharashtra, July 7, 2011 /India PRwire/ -- Shri A S Bhattacharya, Chairman & Managing Director, Bank of Maharashtra, accompanied by Shri M.G. Sanghvi, Executive Director handed over Dividend of Rs 105.93 crore to Dr Pranab Mukherjee, Union Finance Minister at North Block, New Delhi today for the financial year 2010-11. Bank has also paid Rs 20.92 crore towards the Dividend Distribution Tax to the exchequer.

Shri Shashikant Sharma, Secretary Financial Services, MOF was also present on the occasion.

Earlier, in the 8th Annual General Meeting (AGM) held in Pune at its Central Office on 27thJune, 2011 declaration of annual dividend of 20% was approved by the share holders.


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