Economy
Maharashtra Scooters Declares ₹160 Dividend for FY27

Maharashtra Scooters Declares ₹160 Dividend for FY27

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THE BRIEF
1

Maharashtra Scooters declared a final interim dividend of ₹160 per equity share, representing a 1600% payout on a face value of ₹10 for the financial year 2026-27.

2

The company's board set September 21 as the record date for determining shareholder eligibility, with the payout scheduled to be transferred on or before October 13.

3

Following the announcement, the auto ancillary stock traded 1.73% lower at ₹12,778 per share on the BSE, registering a market capitalisation of ₹14,603.42 crore.