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:

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.

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.

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.

Maharashtra Scooters Limited has announced continued strategic acquisitions in two major Bajaj Group entities, with latest investments totaling Rs. 35.10 crore on March 27, 2026. This follows the company's previous acquisitions worth Rs. 53.45 crore on March 25, 2026, demonstrating sustained investment activity in both Bajaj Finance Limited and Bajaj Auto Limited.

Recent Acquisition Activity

The investment company has made sequential acquisitions in both entities through secondary market transactions over two trading days. These acquisitions represent part of Maharashtra Scooters' ongoing investment strategy as an unregistered core investment company, with total investments now exceeding Rs. 88 crore across both transactions.

March 27, 2026 Acquisitions

March 25, 2026 Acquisitions

Transaction Structure and Compliance

Both sets of acquisitions were executed through the secondary market as part of Maharashtra Scooters' regular business operations. The company confirmed that these transactions do not fall within related party transactions, and no promoter or promoter group entities have any interest in the acquired entities. The acquisitions required no governmental or regulatory approvals, as they were conducted through standard secondary market purchases.

Regulatory Filings

Maharashtra Scooters filed mandatory disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for both transaction dates. The latest disclosure was signed by Company Secretary Saurabh Erande and submitted to both BSE Limited and National Stock Exchange of India Limited on March 27, 2026, referencing SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Cumulative Investment Summary

The sequential acquisitions demonstrate Maharashtra Scooters' continued confidence in both Bajaj Finance and Bajaj Auto, with the company systematically building its positions in these major financial services and automotive entities through regular secondary market transactions.