Security cover certificate: all listed debt securities unsecured; sanctioned amount Rs. 7930.70 crore
Bank of Maharashtra shared its quarterly security cover certificate for the quarter and half year ended 30.09.2026.
By ScoutQuest · · 2 min read
- Total sanctioned amount of listed debt securities
- Rs. 7930.70 crore
- Number of ISINs
- 13 ISINs, all private placements
- Failed covenants
- NIL
What was shared
Bank of Maharashtra has submitted its quarterly certificate on security cover and compliance with financial covenants for its listed non-convertible debt securities for the quarter and half year ended 30.09.2026. The certificate is signed by M/s. S. Singhal & Co, Chartered Accountants, and is meant for onward submission to the stock exchanges and the debenture trustee. The data is stated to be extracted from the books of account for the half year ended 30.09.2026.
The main point: all unsecured
- Every listed non-convertible debt security in the certificate is marked Unsecured.
- Against each of them, the Cover/Security Required column shows NA.
- The Bank's covering letter states that all the outstanding listed non-convertible debt securities issued by the Bank are of an unsecured nature.
For a retail reader: a secured bond is backed by specific assets a lender can claim if the issuer defaults; an unsecured bond rests on the issuer's overall ability to repay, not on charged assets.
Size of the listed debt
- Total sanctioned amount: Rs. 7930.70 crore (the table is stated in Rs. In Crore), spread over 13 ISINs, all raised through private placement.
- Largest single line: Rs. 1612.00 crore.
- Two lines of Rs. 1000.00 crore each.
- Other lines include Rs. 811.00 crore, Rs. 880.00 crore, Rs. 710.00 crore, Rs. 515.00 crore, Rs. 348.00 crore, Rs. 290.00 crore, Rs. 259.00 crore, Rs. 205.00 crore, Rs. 200.70 crore and Rs. 100.00 crore.
Covenant compliance
- The auditor certifies that the Bank has complied with the covenants and terms of the issue mentioned in the offer document/information memorandum and/or the debenture trust deed for these securities.
- Against the column listing covenants the Bank failed to comply with for the quarter, the entry is NIL.
How to read this
- This is a periodic disclosure that restates the status of the listed debt; it is not an announcement of a fresh borrowing.
- Because the securities are unsecured, the cover/security required is recorded as NA rather than as a ratio of assets set aside against them.
- The certificate also covers compliance with financial covenants, so the NIL against failed covenants is the line to watch, as it reflects whether the Bank stayed within its borrowing terms for the period.
Also from Bank of Maharashtra
Bank of Maharashtra posted strong quarterly results across key metrics
27 Oct 2026
Q2 FY27 press release: net profit up 41.42% to ₹ 2,310 crore, gross NPA at 1.25%
26 Oct 2026
Bank of Maharashtra Q2 FY27: deposits up 21.50%, global advances up 29.61% to ₹3,29,359 crore
26 Oct 2026
More numbers
- Total sanctioned amount of listed debt securities7930.70 (Rs. In Crore)
- Largest single ISIN sanctioned amount1612.00 (Rs. In Crore)
- Sanctioned amount - ISIN INE457A081671000.00 (Rs. In Crore)
- Sanctioned amount - ISIN INE457A08175811.00 (Rs. In Crore)
- Smallest single ISIN sanctioned amount200.70 (Rs. In Crore)
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.