Maharashtra Scooters Dividend: The board of Bajaj Group’s firm Maharashtra Scooters Restricted has beneficial a remaining dividend of Rs 30 per share and a particular dividend of the identical quantity for the monetary 12 months 2024-25. On the proposal of the board, if the shareholders approve within the firm’s annual basic assembly, then on or on 27 July or/and 28 July 2025 will likely be given to the shareholders. The corporate has instructed the inventory markets {that a} document date for dividend has been stored on 27 June 2025. By this date, the shareholders whose names will likely be within the information of the Register of Members of the Firm or Depositories because the beneficiary homeowners of the shares will likely 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. Earlier, the corporate accepted an interim dividend of Rs 110 per share in September final 12 months for FY 2025. Within the monetary 12 months 2024, an interim of Rs 110 and remaining dividend of Rs 60 per share was given. A bounce of 51530 per cent within the revenue of Maharashtra Scooters was Rs 51.63 crore within the January-March 2025 quarter. A 12 months 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 whole expenditure was lowered to Rs 2.38 crore, which was Rs 5 crore a 12 months in the past. The shares of Jumplamahrashtra Scooters Restricted as much as 10 p.c a 12 months earlier rose by 10 p.c on the BSE on BSE on April 23 and the worth went as much as Rs 12591 excessive. The corporate’s market cap is Rs 13300 crore. The inventory has strengthened 24 p.c within the final 3 months. On the similar time, it has seen an increase of 13 p.c in solely 2 weeks. The corporate had a 51 p.c stake within the firm until the tip of March 2025. Tata Group Inventory: A giant reward to the shareholders of this Tata firm, the 23 -year -old largest dividend introduced Disclaimer: Right here info is being supplied right here just for info. It’s crucial to say right here that the funding market available in the market is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
