Announced Tue, 21 Apr · 19:03 IST
Bajaj Holdings & Investment Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Ownership Changes View source PDF
MAHSCOOTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹13012.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.7-5.1-4.5-5.0-5.8-5.6-7.0-9.9-3.1-2.3
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AI summary
Bajaj Holdings & Investment Limited, the sole promoter of Maharashtra Scooters Limited, has submitted a declaration to the exchanges confirming that no encumbrance (pledge) has been created over its shares in MSL during the financial year 2025-26. This is a negative declaration under SEBI regulations requiring promoters to disclose any share pledges. The filing dated 3 April 2026 was submitted to both BSE and NSE.
Likely market impact
A clean pledge declaration is a positive signal for shareholders as it indicates the promoter's shares are unencumbered, reducing risk of forced selling or stake reduction.