Maharashtra Scooters declares ₹160-per-share interim dividend for FY27
Bajaj Group-linked Maharashtra Scooters has announced a ₹160-per-share interim dividend, with Sept. 21, 2026 set as the record date and payment due by Oct. 13. The payout follows a sharp year-on-year decline in Q1 profit and revenue.
What happened
Bajaj Group-linked Maharashtra Scooters declared an FY27 interim dividend of Rs 160 per share despite steep first-quarter profit and revenue declines. The
Key facts
- Rs 160 per equity share
- 1,600% of Rs 10 face value
- Record date: September 21, 2026
- Payment by: October 13, 2026
- FY27 Q1 standalone net profit: Rs 3.32 crore, down 91% year-on-year from Rs 35.26 crore
What changed
Bajaj Group-linked Maharashtra Scooters declared an FY27 interim dividend of Rs 160 per share despite steep first-quarter profit and revenue declines. The investment company is also considering a renewable-energy foray and name change, subject to approvals.
Why this matters
Maharashtra Scooters’ sizeable FY27 interim payout, record date of Sept. 21 and payment due by Oct. 13, offers a near-term income catalyst but should be weighed against the sharp year-on-year Q1 earnings decline.
What to watch
- Confirmation of ex-dividend date and actual payment by October 13, 2026.
- Next-quarter profit and revenue trend versus the weak Q1 base.
- Dividend income, fair-value gains or losses, and cash-flow disclosures tied to investment holdings.
- Any further capital-return announcement, buyback proposal or change in dividend policy.
- Movement in Bajaj Group holding-company valuations and discounts.