Maharashtra Scooters Ltd. announced at the board meeting held on April 24, 2023 that the company proposed final dividend INR. 60 per share (600%) of face value of INR 10 each on equity shares of the Company has been recommended by the Board of Directors for the financial year ended 31 March 2023. The said dividend, if declared by the shareholders at the upcoming Annual General Meeting, will be credited /dispatched on 28 July 2023 and /or 29 July 2023.

Further, pursuant to Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the record date for the purpose of determining the members eligible to receive the dividend for the financial year ended 31 March 2023, has been fixed as 30 June 2023.