Maharashtra Scooters declares ₹160-per-share FY27 interim dividend
The Bajaj Holdings & Investment subsidiary has declared a 1,600% interim dividend, or ₹160 per ₹10 share. September 21, 2026 is the record date, with payment due by October 13. The company also proposed renaming itself Bajaj Nivesh and adding renewable-energy generation to its objects clause.
What happened
Maharashtra Scooters Ltd · Bajaj Holdings subsidiary Maharashtra Scooters declared an FY27 interim dividend of Rs 160 per share, or 1600%, with September 21,
Key facts
- Interim dividend: Rs 160 per equity share
- Dividend payout: 1600%
- Face value: Rs 10 per share
- Record date: September 21, 2026
- Payment deadline: October 13, 2026
What changed
Bajaj Holdings subsidiary Maharashtra Scooters declared an FY27 interim dividend of Rs 160 per share, or 1600%, with September 21, 2026 as record date. The company also proposed renaming itself Bajaj Nivesh and adding renewable-energy generation to its objects clause.
Why this matters
Maharashtra Scooters’ 1,600% FY27 interim dividend, with a September 21 record date and October 13 payment date, offers a significant near-term shareholder return alongside a potential repositioning toward investments and renewables.
What to watch
- Shareholder approval outcome for the name and objects-clause resolutions.
- Management disclosure on renewable-energy investment size, funding source, partners, expected returns, and timeline.
- Changes in the company’s cash, liquid investments, borrowing, or portfolio composition after the dividend payout.
- Whether subsequent dividends remain elevated or revert to historical levels.
- Any related-party or Bajaj-group transactions involving renewable assets or project investments.