Bajaj Holdings & Investment Limited Declares No Encumbrance on Maharashtra Scooters Limited Shares for FY26

1 min read     Updated on 22 Apr 2026, 02:52 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

Maharashtra Scooters Limited Files SEBI Certificate for Q4FY26 Under Depositories Regulations

1 min read     Updated on 09 Apr 2026, 02:42 AM
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Maharashtra Scooters Limited has filed a certificate under SEBI Depositories Regulations for Q4FY26 through KFin Technologies Limited, confirming compliance with dematerialization processes. The company also has a board meeting scheduled for April 22, 2026, to consider financial results and dividend recommendations.

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Maharashtra scooters Limited has informed the stock exchanges about an upcoming board meeting scheduled for April 22, 2026. The meeting has been convened to address key financial matters for the concluded financial year and quarter.

Board Meeting Agenda

The board meeting will focus on two primary agenda items for the company's financial closure:

Agenda Item: Details
Financial Results: Consider and approve audited financial results for Q4 and FY ended March 31, 2026
Dividend Recommendation: Recommend dividend on equity shares for FY ended March 31, 2026

SEBI Certificate Submission

Maharashtra Scooters Limited has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent.

Compliance Parameter: Details
Regulation: SEBI (Depositories and Participants) Regulations, 2018
Quarter Covered: January 1, 2026 to March 31, 2026
Issuing Authority: KFin Technologies Limited
Submission Date: April 8, 2026

Regulatory Compliance Activities

KFin Technologies Limited confirmed compliance with key dematerialization processes during the quarter. The registrar certified that all demat requests were processed within the stipulated 15-day timeframe from receipt of certificates from depository participants.

Process: Status
Demat Request Confirmation: Approved/Rejected within 15 days
Securities Listing Verification: Confirmed to depositories
Certificate Cancellation: Completed after due verification
Register Updates: Depositories substituted as registered owners

Trading Window Restrictions

In accordance with SEBI regulations and the company's internal compliance framework, Maharashtra Scooters Limited has implemented trading restrictions:

  • Trading Window Closure: April 1, 2026 to April 24, 2026 (both days inclusive)
  • Applicable To: Designated persons and their immediate relatives/dependents
  • Regulatory Basis: SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Prior Intimation: Stock exchanges were notified on March 26, 2026

Corporate Communication

The formal communications were signed by Saurabh Erande, Company Secretary, and dispatched to both BSE and NSE. The board meeting intimation was issued under Regulation 29(1)(a) and (e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, while the SEBI certificate was submitted on April 8, 2026.

Historical Stock Returns for Maharashtra Scooters

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%+0.57%+5.00%-24.07%+14.24%+283.96%

How will the dividend recommendation impact Maharashtra Scooters' cash flow and future investment plans for FY 2027?

What market factors could influence Maharashtra Scooters' Q4 2026 financial performance in the two-wheeler industry?

Will the company announce any strategic initiatives or expansion plans during the April 22 board meeting?

More News on Maharashtra Scooters

1 Year Returns:+14.24%