MAHSCOOTERNSEMaharashtra Scooters Limited· Auto AncillariesMediumNeutral
Announced Wed, 23 Apr · 11:37 IST

MAHSCOOTER: Maharashtra Scooters Limited has informed the Exchange about appointment of DVD & Associates as the Secretarial Auditor of the Company for a term of 5 consecutive years commencing from FY 2025-26 till FY 2029-2030, subject to approval by the Shareholders at the ensuring AGM.

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MAHSCOOTER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Maharashtra Scooters Limited has informed the stock exchange about appointing M/s DVD & Associates as its Secretarial Auditor. The appointment is for a 5-year term covering FY 2025-26 to FY 2029-30. This appointment is subject to approval from shareholders at the upcoming Annual General Meeting. Maharashtra Scooters is part of the Bajaj Group and is a closely held investment company. The appointment reflects routine corporate governance compliance as required under the Companies Act for listed entities.

Likely market impact

This is a routine compliance disclosure with no material impact on shareholders or stock price. Investors will get to vote on the appointment at the next AGM as part of standard governance practice.