Maharashtra Scooters Announces Final and Special Dividend, Sets Record Date

Image Source: CNBC TV18

Maharashtra Scooters Ltd has declared a final dividend and a special dividend for its shareholders, marking a significant payout for the financial year ending March 31, 2025. The company has also fixed the record date for determining eligible shareholders.

Key Financial Updates

- Maharashtra Scooters has announced a final dividend of 30 rupees per share, representing 300 percent of the face value of 10 rupees.
- In addition to the final dividend, the company has declared a special dividend of 30 rupees per share, bringing the total dividend payout to 60 rupees per share.
- The record date for determining eligible shareholders has been set for June 27, 2025.
- The dividend will be credited or dispatched on or around July 27 and July 28, 2025.

Market Response and Outlook

The announcement has been well received by investors, with Maharashtra Scooters’ stock showing positive movement following the news. Analysts view the dividend declaration as a reflection of the company’s strong financial performance and commitment to rewarding shareholders.

Sources: CNBC TV18, Business Standard, MSN.