Dividend Inventory: Bajaj Group firm cleared ₹ 60, 27 June is document date – INA NEWS

Maharashtra Scooters Dividend: The board of Bajaj Group’s firm Maharashtra Scooters Restricted has beneficial the ultimate dividend of Rs 30 per share for the monetary 12 months 2024-25 and a particular dividend of the identical quantity. On the proposal of the board, if the shareholders approve within the firm’s annual common assembly, then on or on 27 July or/and 28 July 2025 will probably be given to the shareholders. The corporate has informed the inventory markets {that a} document date for dividend has been saved on 27 June 2025. By this date, shareholders whose names will probably be within the information of the Register of Members of the Firm or Depositors because the beneficiaries homeowners of shares will probably be entitled to dividend.

Maharashtra Scooters Restricted is a producing and core funding firm. This can be a subsidiary of Bajaj Holdings and Funding Restricted. Earlier, the corporate permitted an interim dividend of Rs 110 per share in September final 12 months for FY 2025. In FY 2024, an interim of Rs 110 and remaining dividend of Rs 60 per share got.

51530 % leap in revenue of Maharashtra scooters

Maharashtra Scooters Restricted’s web revenue 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 entire expenditure was diminished to Rs 2.38 crore, which was Rs 5 crore a 12 months in the past.

Shares jumped as much as 10 % within the day

The inventory of Maharashtra Scooters Restricted rose as much as 10 % a day on BSE on April 23 and the value went as much as Rs 12591. The inventory closed at Rs 11640.20 with a 2 % good points at Rs 11640.20 when the buying and selling was closed. The corporate’s market cap is Rs 13300 crore. The inventory has strengthened 24 % within the final 3 months. On the identical time, it has seen an increase of 12 % in solely 2 weeks. The corporate had a 51 % stake within the firm until the top of March 2025.

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