Bank of Maharashtra has informed BSE that, in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause (3) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/ 1980, the Government of India, Ministry of Finance, Department of Financial Services vide their notification dated August 05, 2011 has nominated Shri Ramesh Chandra Agrawal, as part-time non-official director on the Board of Directors of the Bank. He is appointed for a period of three years from the date of notification or until further orders, whichever is earlier.