Maharashtra Scooters Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2025, declared Special Dividend of Rs. 30 per equity share.
MAHSCOOTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 1.9 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors of Maharashtra Scooters Limited, at its meeting held on April 23, 2025, approved a Special Dividend of Rs. 30 per equity share. Maharashtra Scooters is primarily an investment company, with a major holding in Bajaj Holdings and Investments. The dividend is in addition to any regular dividend the company may declare. Shareholders need to check the record date and book closure details to determine eligibility.
Special dividends are typically a one-time reward to shareholders from surplus cash. Since Maharashtra Scooters' share price trades at high levels (in thousands), Rs. 30 per share represents a modest yield. The stock may see mild positive sentiment around the ex-dividend date.