Maharashtra Scooters Limited has informed the Exchange about Acquisition of shares in ordinary course of business.
MAHSCOOTER · price
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Maharashtra Scooters Limited (MSL) has informed the exchange about acquiring additional shares of two group companies through the secondary market on 25 March 2026. For Bajaj Finance Ltd, it spent Rs. 21.58 crore acquiring 0.0039% stake on the date, taking its cumulative holding to 3.0533% worth Rs. 71.65 crore. For Bajaj Auto Ltd, it spent Rs. 31.87 crore acquiring 0.0125% stake, taking its cumulative holding to 2.4738% worth Rs. 112.46 crore. MSL clarified that it is an unregistered core investment company making these purchases in the ordinary course of its business, and that these are not related party transactions. No regulatory approvals were required for the acquisitions.
This is a routine investment activity by MSL, which acts as a core investment company within the Bajaj group. The acquisitions are small incremental buys and are unlikely to materially affect MSL's share price, though they reflect ongoing capital deployment into group company equities.