Maharashtra Scooters
14,722.00
-372.00(-2.46%)
Market Cap₹17,250.30 Cr
PE Ratio86.82
Company Performance:
1D-2.46%
1M+0.68%
6M+50.98%
1Y+69.07%
5Y+383.96%
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Latest news about Maharashtra Scooters
Maharashtra Scooters Appoints Two Joint Managing Directors, Updates Leadership 3 days ago
Maharashtra Scooters Limited (MSL) has appointed V Rajagopalan and S Ravikumar as Joint Managing Directors, effective August 1, 2025. Sriram Subbramaniam will resign as Company Secretary on July 25, 2025. The company has updated its list of authorized persons for determining materiality of events and making disclosures to stock exchanges, which now includes Sanjiv Bajaj (Chairman), V Rajagopalan and S Ravikumar (Joint Managing Directors), and Anant Marathe (CFO).
Maharashtra Scooters CEO Sanjay Uttekar to Step Down Amid Voluntary Separation Scheme 4 days ago
Maharashtra Scooters' Company Secretary Sriram Subbramaniam Steps Down Jul 25, 2025
Maharashtra Scooters Appoints New Joint MDs, Declares Rs. 60 Dividend, and Reports Strong Q1 Results Jul 23, 2025
Maharashtra Scooters: 500% Rally in 5 Years, Factory Closure Announced Jun 23, 2025
More news about Maharashtra Scooters
23Apr 25
Maharashtra Scooters Declares ₹60 Total Dividend, Reports Strong FY2025 Results
Maharashtra Scooters Ltd. (MSL) declared a total dividend of ₹60 per share for FY2025, including a final dividend of ₹30 and a special dividend of ₹30, subject to shareholder approval. The company reported a 7.55% increase in Profit After Tax to ₹21,435 lakh, despite a 17.15% decrease in total income. MSL has transitioned to primarily being an investment company, closing its manufacturing operations and selling assets. The company also announced changes in corporate governance, including the continuation of Shri Sanjiv Bajaj as a Non-Executive Director and the appointment of a new Compliance Officer.
23Apr 25
Maharashtra Scooters: Declares ₹60 Dividend, Q4 Profit Soars
Maharashtra Scooters Limited (MSL) reported a significant increase in Q4 FY2024-25 profits, with net profit rising to ₹51.63 crore from ₹0.10 crore year-over-year. Revenue increased by 28% to ₹6.65 crore. The company announced a final dividend of ₹60 per equity share, including a special dividend component. MSL has transitioned to an investment-focused entity after closing its manufacturing operations.
21Feb 25
Maharashtra Scooters to Shutter Satara Factory, Sell Assets for ₹729 Million
Maharashtra Scooters Limited (MSL) will close its manufacturing facility in Satara due to non-viable operations. The company plans to sell the factory's leasehold rights, machinery, and spares to Urbanedge Indospaces LLP for ₹729 million. The Satara facility contributed about 5% (₹11.07 crore) to MSL's total turnover last year. The transaction, approved by the Board on February 21, 2025, is expected to conclude by March 31, 2025, subject to regulatory approvals.
Maharashtra Scooters
14,722.00
-372.00
(-2.46%)
1 Year Returns:+69.07%
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