The Board of Directors of Maharashtra Scooters Ltd (MAHSCOOTER) at its meeting held on 28 April 2021, has declared Dividend of Rs 50 per equity share. The meeting commenced at 2:25 p.m. and concluded at 3:10 p.m.
Maharashtra Scooters Ltd Q4 Result
MAHSCOOTER reported -91.05% yoy fall in consolidated revenues for the Mar-21 quarter at Rs 11.25 cr. The consolidated Profit after tax (PAT) for the Mar-21 quarter was down by -97.38% to Rs 2.81 cr on the back of the dividend income falling from Rs 179.64 cr in the Mar-20 quarter to Nil in the Mar-21 quarter.
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Maharashtra Scooters Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 July 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
Kindly further note that a dividend at the rate of Rs. 50 per share (500%) of face value of Rs. 10 each on equity shares of the Company has been recommended by the Board of Directors today for the financial year ended 31 March 2021.
Important Dates
- Company – Maharashtra Scooters Ltd
- Script Name – MAHSCOOTER (NSE) and 500266 (BSE)
- Dividend Amount – 50 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – 27 July 2021
Also, you can find more information about Maharashtra Scooters Ltd on National Stock Exchange and Moneycontrol – Maharashtra Scooters Ltd is engaged in assembling geared scooters.The company markets scooters under the brand name of Chetak, Super and Priya.
