Maharashtra Scooters Ltd has announced an interim dividend of Rs 160 per equity share for the financial year ending March 31, 2027. This payout represents a 1600% dividend on the face value of Rs 10. Shareholders on record as of September 21, 2026, will be eligible for the payment, which is scheduled to be credited on or before October 13, 2026.
Maharashtra Scooters Declares Rs 160 Interim Dividend
Dividend Amount: Rs 160 per equity share.
Record Date: September 21, 2026.
Reader Takeaway: The significant 1600% dividend provides immediate cash flow, though investors should monitor the ex-dividend price adjustment.
What just happened
Maharashtra Scooters Ltd has officially declared an interim dividend of Rs 160 per equity share for the financial year ending March 31, 2027. The board of directors approved this payout during their meeting held on September 15, 2026.
Why this matters
This dividend payment represents a 1600% return on the face value of Rs 10. For retail investors, this serves as a return on capital and confirms the company's commitment to its current dividend distribution policy.
What changes now
Investors must hold the shares before the record date of September 21, 2026, to be eligible for the payout. The stock will typically trade ex-dividend on or before this date, leading to a technical adjustment in the share price. The company expects to complete the payment to all eligible shareholders on or before October 13, 2026.
What to track next
Shareholders should track their bank accounts for the credit of the dividend amount on or before the October 13, 2026 deadline. Additionally, investors should observe how the stock price reacts to the ex-dividend date in the coming week.