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), an unregistered core investment company (CIC) of the Bajaj group, has disclosed share purchases in two group companies on 27 March 2026. It bought Bajaj Finance Ltd shares worth Rs. 23.07 crore (0.0043% stake) on the day, taking cumulative holdings in BFL to Rs. 94.71 crore and 3.0576%. Separately, it bought Bajaj Auto Ltd shares worth Rs. 12.03 crore (0.0048% stake) on the day, taking cumulative holdings in BAL to Rs. 124.50 crore and 2.4787%. MSL clarified these acquisitions are in the ordinary course of business, done through the secondary market, are not related-party transactions, and need no regulatory approvals.
This is a routine portfolio disclosure from a Bajaj group holding entity and is unlikely to move MSL's stock price. It signals that MSL continues to deploy capital into group company equities (BFL and BAL) as part of its investment activity, reinforcing its role as a holding vehicle rather than an operating business.