MAHSCOOTER: Maharashtra Scooters Limited has informed the Exchange that, Board of Directors at its meeting held on 15 September 2025, declared Interim Dividend of Rs. 160/- per equity share.
MAHSCOOTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Maharashtra Scooters Limited, at its meeting held on 15 September 2025, declared an interim dividend of Rs. 160 per equity share for the financial year. This works out to 1600% on the face value of Rs. 10 per share, which is an exceptionally large payout. The company, which is part of the Bajaj Group, is known for holding substantial cash reserves and periodically distributing it to shareholders via large dividends. The record date and payment timeline will be communicated separately by the company.
Positive for shareholders in the short term due to the substantial cash inflow. The stock may react positively leading up to the record date, though such outsized interim dividends often signal distribution of accumulated reserves rather than recurring earnings power.