Maharashtra Scooters Declares Interim Dividend of ₹160 Per Share
Maharashtra Scooters declared an interim dividend of ₹160 per share (1600%) for FY27. The record date is September 21, 2026, with payment by October 13, 2026. The board meeting occurred on September 15, 2026.
A dividend declaration directly benefits shareholders and can influence investor sentiment, but its impact on the company's operations is generally medium unless it's an exceptionally large or unusual payout.
The declaration of an interim dividend is a positive sign for shareholders, indicating the company's profitability and commitment to returning value.
Maharashtra Scooters Limited announced the declaration of an interim dividend of ₹160 per equity share, representing 1600% of the face value of ₹10 per share, for the financial year ending March 31, 2027. The decision was made by the Board of Directors at a meeting held on September 15, 2026.
The record date for determining the eligibility of shareholders to receive this interim dividend has been fixed as Monday, September 21, 2026. The dividend payment is scheduled to be credited to the accounts of eligible shareholders on or before Tuesday, October 13, 2026.
The board meeting commenced at 9:45 a.m. and concluded at 9:55 a.m. on September 15, 2026.
What to do with a filing like this
Maharashtra Scooters Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Maharashtra Scooters Limited. Read the original for the full detail.