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Maharashtra Scooters Ltd Announces Financial Results and Key Board Decisions

Story Highlights
  • Maharashtra Scooters Ltd reported audited financial results with an unmodified opinion and proposed dividends.
  • The board approved key leadership changes, including a new Compliance Officer and continuation of a Non-Executive Director.
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Maharashtra Scooters Ltd ( (IN:MAHSCOOTER) ) has shared an update.

Maharashtra Scooters Ltd announced several key updates following a board meeting. The company reported its audited financial results for the quarter and year ending March 31, 2025, with an unmodified opinion from auditors. The board recommended a final and special dividend of Rs. 30 per share each, pending shareholder approval at the upcoming Annual General Meeting on July 23, 2025. Additionally, the board approved the continuation of Shri Sanjiv Bajaj as a Non-Executive Director, not subject to retirement by rotation, and announced the resignation of Shri Sriram Subbramaniam as Compliance Officer, with Shri Mangesh Deshpande taking over the role.

More about Maharashtra Scooters Ltd

Maharashtra Scooters Ltd operates in the automotive industry, primarily focusing on the manufacturing and sale of scooters. The company is associated with Bajaj Auto Limited and is based in Pune, Maharashtra, India.

YTD Price Performance: 17.56%

Average Trading Volume: 574

Current Market Cap: 129.8B INR

Find detailed analytics on MAHSCOOTER stock on TipRanks’ Stock Analysis page.

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