Maharashtra Scooters Limited (MSL) has announced a crucial board meeting scheduled for September 15, 2025, where the company's directors will deliberate on the declaration of an interim dividend. This development comes as part of the company's financial planning for the fiscal year ending March 31, 2026.

Board Meeting Details

The meeting, set to take place on a Monday, will primarily focus on the potential distribution of an interim dividend to shareholders. This decision underscores the company's commitment to delivering value to its investors even before the conclusion of the financial year.

Regulatory Compliance

In adherence to regulatory requirements, Maharashtra Scooters has duly informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about the upcoming board meeting. The communication was officially signed by V Rajagopalan, the Joint Managing Director of the company, ensuring transparency and compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Company Information

Maharashtra Scooters Limited, with its corporate office located in Pune, Maharashtra, has its registered office at the Bajaj Auto Limited Complex in Pune. The company operates under the Corporate ID No. L35912MH1975PLC018376.

Investor Relations

Shareholders and potential investors can reach out to the company for further information or queries at investors@msls.co.in . As the board meeting approaches, market participants will be keenly watching for the outcome and any potential impact on the company's stock performance.

The declaration of an interim dividend, if approved, could signal the management's confidence in the company's financial health and future prospects. However, investors are advised to await the official announcement following the board meeting for concrete details on the dividend declaration.

Maharashtra Scooters Limited (MSL) has announced significant changes to its leadership team, effective August 1, 2025. The company has appointed V Rajagopalan and S Ravikumar as Joint Managing Directors, marking a new chapter in its management structure.

Leadership Changes

The appointments come alongside the resignation of Sriram Subbramaniam from his position as Company Secretary. Subbramaniam's departure will be effective from the close of business hours on July 25, 2025, as per the company's communication to the stock exchanges.

Updated Authorized Persons

Following these leadership changes, Maharashtra Scooters has updated its list of authorized persons under the Securities and Exchange Board of India (SEBI) regulations. These individuals are responsible for determining the materiality of events and making disclosures to stock exchanges. The updated list of authorized contacts includes:

1. Sanjiv Bajaj, Chairman
2. V Rajagopalan, Joint Managing Director
3. S Ravikumar, Joint Managing Director
4. Anant Marathe, Chief Financial Officer (CFO)

Regulatory Compliance

In compliance with Regulation 30(5) of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, the company has provided the contact details of these authorized persons to the stock exchanges. This move ensures transparency and facilitates efficient communication between the company and regulatory bodies.

Company Background

Maharashtra Scooters Limited, with its corporate office in Pune, Maharashtra, is known for its presence in the automotive sector.

These leadership changes and the subsequent update in authorized persons demonstrate Maharashtra Scooters' commitment to maintaining strong corporate governance and regulatory compliance. As the company moves forward with its new joint managing directors at the helm, stakeholders will be keen to observe how these changes impact the company's strategic direction and performance in the coming months.