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Maharashtra Scooters Declares ₹160 Interim Dividend, Sets Record Date
Maharashtra Scooters said it will give shareholders ₹160 for every share they own.
This payment is called an interim dividend and is based on a share with a face value of ₹10.
The company will check its shareholder records on September 21, 2026.
Investors who own the shares by the required date may receive the money.
The company said the payment should reach eligible investors in October.
The reports give slightly different deadlines: October 12 and October 13.
Maharashtra Scooters’ profit and revenue were much lower in the first quarter of FY27 than a year earlier.
Its share price was reported as flat in one article and lower in another during Tuesday’s trading session.
Maharashtra Scooters’ board declared an interim dividend of ₹160 per ₹10 share, equivalent to 1,600%.
September 21, 2026, was set as the record date for determining eligible shareholders.
The dividend is expected to be credited by October 12, according to one filing report, or October 13, according to another.
The company paid total dividends of ₹220 per share in FY26.
Q1 FY27 standalone net profit fell 91% year-on-year to ₹3.32 crore, while operating revenue declined over 80% to ₹5.41 crore.
- Who
- Maharashtra Scooters Limited, a Bajaj Holdings subsidiary, and its shareholders.
- What
- The company declared an interim dividend of ₹160 per equity share and set a record date to identify eligible shareholders.
- Where
- The announcement was disclosed through a BSE exchange filing, and the stock traded on the exchanges.
- When
- The dividend was approved on September 15, 2026; the record date is September 21, 2026, with payment expected by October 12 or October 13, depending on the report.
- Why
- The record date was set to determine which shareholders qualify to receive the interim dividend.
Key facts
- Dividend amount
- ₹160 per equity share
- Dividend rate
- 1,600% on a ₹10 face-value share
- Dividend type
- Interim dividend for FY27
- Record date
- Monday, September 21, 2026
- Payment deadline
- Reported as October 12 or October 13, 2026
- Q1 FY27 net profit
- ₹3.32 crore, down 91% year-on-year
- Q1 FY27 operating revenue
- ₹5.41 crore, down over 80% year-on-year
- FY26 total dividend
- ₹220 per share
Quotes
Maharashtra Scooters Limited
The company, speaking through its BSE filing
“An Interim Dividend of Rs. 160/- per equity share (1600%) of face value of Rs.10/- each for the financial year ending 31 March 2027 has been declared by the Board at its meeting held today i.e. 15 September 2026”
livemint.com
“The record date for the purpose of determining the members eligible to receive the Interim Dividend has been fixed as Monday, 21 September 2026.”
financialexpress.com
Sources
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