MAHSCOOTER: Maharashtra Scooters Limited has informed the Exchange about Copy of Newspaper Advertisement published on 3 June 2025.
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Awaiting price reaction for this filing.
Maharashtra Scooters Limited has submitted a copy of a newspaper advertisement published on 3 June 2025 to the stock exchanges, in compliance with SEBI listing rules. The advertisement relates to a Postal Ballot Notice already dispatched to shareholders on 2 June 2025 for seeking their approval on one special business item. The item under vote is the continuation of Sanjivnayan Rahulkumar Bajaj (DIN: 00014615) as a Non-Executive, Non-Independent Director of the company beyond 19 July 2025. The ad was published in Financial Express (English, all editions) and Kesari (Marathi, Pune edition) to inform shareholders about the postal ballot dispatch, email registration/updation procedure, and e-voting details. The same advertisement is also hosted on the company's website under the 'Newspaper Publications' tab.
This is a routine regulatory compliance filing and not a material business event. The postal ballot seeks shareholder approval to retain a long-serving director, and the outcome is unlikely to affect the stock price or shareholder value meaningfully.