Dentons Link Legal advised IDBI Capital Markets & Securities Limited, Systematix Corporate Services Limited, Batlivala & Karani Securities India Private Limited, Centrum Capital Limited, Emkay Global Financial Services Limited, JM Financial Limited and Motilal Oswal Investment Advisors Limited, in relation to the qualified institutional placement of equity shares by Bank of Maharashtra of 610,181,311 equity shares of face value ₹ 10 each at a price of ₹ 57.36 per equity share, including a premium of ₹ ₹47.36 per equity share, aggregating up to ₹ 35,000.00 million. 

The placement document was filed with the stock exchanges i.e. BSE Limited and National Stock Exchange of India Limited.

The deal team comprised Shailender Sharma (Partner), Aashna Batra (Senior Associate), Tamilarasi Mudaliar (Senior Associate), Tanvi Shinde (Associate), Richa Singh (Associate), Atrayei Ghosh (Associate) and Nandita Goyal (Associate), headed by Milind Jha (Partner).

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