Bajaj Holdings & Investment Limited Declares No Encumbrance on Maharashtra Scooters Limited Shares for FY26
Bajaj Holdings & Investment Limited has filed a regulatory disclosure confirming no encumbrance was created over its Maharashtra Scooters Limited shares during FY26. The disclosure, submitted on 3 April 2026, complies with SEBI Regulation 31(4) requirements for promoter transparency. As the sole promoter of Maharashtra Scooters Limited, the company filed this declaration with both BSE and NSE to maintain regulatory compliance.

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Bajaj Holdings & Investment Limited has submitted a regulatory disclosure to stock exchanges confirming that no encumbrance was created over its shares in Maharashtra Scooters Limited during the financial year 2025-26. The disclosure, dated 3 April 2026, was filed with both BSE and NSE in compliance with SEBI regulations.
Regulatory Compliance Declaration
The company filed the disclosure pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation mandates promoters to declare any encumbrance created over their shareholding in the target company during the financial year.
| Parameter: | Details |
|---|---|
| Regulation: | SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 |
| Specific Provision: | Regulation 31(4) |
| Financial Year: | 2025-26 |
| Filing Date: | 3 April 2026 |
| Encumbrance Status: | No encumbrance created |
Promoter Relationship
Bajaj Holdings & Investment Limited serves as the sole promoter of Maharashtra Scooters Limited. The disclosure specifically states that the company has not made any encumbrance, directly or indirectly, over the MSL shares held by it during the specified financial year.
Stock Exchange Filing
The disclosure was simultaneously submitted to both major Indian stock exchanges where Bajaj Holdings & Investment Limited is listed. The filing ensures compliance with transparency requirements and keeps investors informed about the promoter's shareholding status.
| Exchange: | Code |
|---|---|
| BSE Limited: | 500490 |
| National Stock Exchange: | BAJAJHLDNG |
The declaration was signed by Company Secretary Saurabh Erande (Membership No. A25908) on behalf of Bajaj Holdings & Investment Limited, confirming the accuracy of the information provided to regulatory authorities.
Historical Stock Returns for Maharashtra Scooters
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.52% | +0.57% | +5.00% | -24.07% | +14.24% | +283.96% |
Will Bajaj Holdings consider pledging its Maharashtra Scooters shares for future expansion financing or strategic investments?
How might this clean shareholding position influence potential merger or acquisition discussions involving Maharashtra Scooters?
Could this disclosure signal Bajaj Holdings' preparation for a potential stake sale or partial divestment in Maharashtra Scooters?


































