Bajaj Group’s firm will give a dividend of ₹ 60, 27 June document date; Are you shareholders

Bajaj Group’s firm will give a dividend of ₹ 60, 27 June document date; Are you shareholders
Maharashtra Scooters Dividend: The shareholders of Bajaj Group’s firm Maharashtra Scooters Restricted are going to get a remaining dividend of Rs 30 per share for FY 2024-25. Additionally, the corporate can be giving particular dividend of the identical sum of money. The document date for that is 27 June 2025. By this date, the shareholders whose names will probably be within the data of the Register of Members of the Firm or Depositories because the beneficiary homeowners of the shares will probably be entitled to the dividend. The Maharashtra Scooters Restricted is a producing and core funding firm. It is a subsidiary of Bajaj Holdings and Funding Restricted. The approval of shareholders is but to be taken within the annual normal assembly of 23 July 2025 on dividend. After getting the approval, the dividend will probably be credited to the accounts of shareholders on or on 27 July or on 28 July. Maharashtra Scooters Restricted share face worth of Rs 10, earlier than the corporate accredited an interim dividend of Rs 110 per share in September final yr for FY 2025. In FY 2024, an interim of Rs 110 and remaining dividend of Rs 60 per share was given. The information associated information of Maharashtra Scooters was 38% of the 38% climbing scooters inventory in 3 months on Friday, June 21, on 21 June, closed at Rs 13868.55 on BSE. The corporate’s market cap is Rs 15800 crore. The inventory has gained 38 p.c within the final 3 months, 45 p.c in 6 months and 73 p.c in a yr. It has seen an increase of 150 p.c in 2 years. The corporate had a 51 p.c stake within the firm until the top of March 2025. Revenue within the March quarter, 51530% of the rise within the January-March 2025 quarter of Rs 51.63 crore. A yr in the past it was solely 10 lakh rupees. Income from the operations was Rs 6.65 crore, which was Rs 5.18 crore within the March 2024 quarter. The entire bills had been diminished to Rs 2.38 crore, which had been value Rs 5 crore a yr in the past. Sebi’s stick on two operators, illegally filling of their luggage, traders’ cash; Now ₹ 4.83 crore Disclaimer: Right here data supplied right here is being given for data. It’s vital to say right here that the funding market out there is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.

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