MAHSCOOTER declares ₹160 interim dividend; appoints Saurabh Erande as Company Secretary
The dividend declaration is likely to be received positively by shareholders. The appointment of a Company Secretary is a routine corporate governance matter.
The declaration of an interim dividend and the appointment of a Company Secretary are generally viewed positively.
* Declared an interim dividend of ₹160 (1600 %) per equity share of face value of ₹10 for the financial year ending 31 March 2026. * The record date for determining eligible members for the interim dividend is 22 September 2025. * The interim dividend will be credited/dispatched on or around 13 October 2025. * Appointed Shri Saurabh Erande (ACS No: 25908) as the Company Secretary of the Company w.e.f. 1 October 2025. He has over 16 years of experience.
What to do with a filing like this
Maharashtra Scooters Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. 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.