Maharashtra Scooters declares Rs. 160 interim dividend per share
As filed · Maharashtra Scooters Limited has informed the Exchange that Board of Directors at its meeting held on 15 September 2026, declared an Interim Dividend of Rs. 160/- per equity share.
CapitalImprovingMinormateriality 55 out of 100
What happened
FactMaharashtra Scooters’ Board declared an interim dividend of Rs. 160 per equity share, equal to 1600% of the Rs. 10 face value, for the financial year ending 31 March 2027. The record date is 21 September 2026, and the dividend will be credited on or before 13 October 2026 to eligible shareholders.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
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Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- Eligible shareholders will receive a substantial interim cash distribution, subject to holding the shares on the 21 September 2026 record date. The filing does not disclose the aggregate dividend payout.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%