The Government of India is likely to sell a 5% stake in Bank of Maharashtra to meet
the minimum public shareholding rules.
The state-run bank fell nearly 2% during trading on Monday, after reaching a 52-week
high last month. Its share price dropped 1.87% to Rs 57.25, and the bank’s market
capitalization slipped below Rs 45,000 crore.
The bank had touched a 52-week high of Rs 61.55 on November 19, 2025, and its share
price has risen 54% from its 52-week low of Rs 38.11 in April 2024. Since the
COVID-19 lows around Rs 9 per share, the stock has jumped more than 565%.
According to CNBC-TV18, the proposed stake sale is part of the government’s plan
to bring the bank closer to the 25% public shareholding requirement. As of September
2025, the government owned 79.60% of the bank. Selling up to 5% may reduce government
ownership to below 75%, helping meet the regulatory norms.