Maharashtra Scooters Ltd
Maharashtra Scooters Ltd Company History
Maharashtra Scooters is engaged in the business of manufacturing dies, jigs, fixtures and die casting components primarily for automobiles industry etc.
1997
A deal was signed between the companies in May this year valid for 10 years from January 1 1998.
Approved a proposal to issue one bonus share for every equity share held.
Recommended the issue of 57 14 284 bonus shares of Rs. 10 each in the proportion of the bonus share of every existing equity shares held.
1997
2000
Bajaj Auto Limited has offered to buy out the Maharashtra government's entire 27 per cent holding in this scooter manufacturing joint venture Maharashtra Scooters Limited (MSL).
The Company has introduced five-day working week at its plant in Satara due to recesion in the scooter segment.
The Company has introduced a voluntary retirement scheme for its permanent staff members which will be effective till 30th September.
Rashtriya Chemicals and Fertilisers Limited, Mumbai and Maharashtra Scooters Ltd., Satara, were presented the Dr. R J Rathi Award for Environment Pollution Control.
2000
2001
Bajaj Auto Ltd has evinced interest to purchase the 27 per cent equity stake in Maharashtra Scooters Ltd
Voluntary Retirement Scheme was introduced during the year.
2001
2002
Maharashtra government has formed a committee headed by chief secretary Ajit Nibalkar to speed up strategic sale of its stake in Maharashtra Scooters.
2002
2003
The controversy over valuation of the Maharashtra government's 27 per cent stake in Maharashtra Scooters Ltd (MSL) has taken a new turn with Dinesh Trivedi, a member of Rajya Sabha as well as finance committee of Parliament,
2003
2006
Maharashtra Scooters Ltd has has completed production of CBU scooters from available CKD packs.
2006
2010
E-mail ID of Investor Grievance:
[email protected]
2010
2011
Maharashtra Scooters Ltd has hosted a website with domain name www.mahascooters.com
Company announces Voluntary Retirement Scheme for the permanent daily rated workmen employed in the scooter manufacturing unit of the Company, operative during the period from June 06, 2011 to June 27, 2011.
Company has announced a Voluntary Retirement Scheme (VRS) for the permanent staff
2011
2012
Shri Naresh Patni appointed as Director of the Company.
Maharashtra Scooters Ltd recommended a Dividend of Re. 1.00 per share.
2012
2013
recommended a Dividend of Re. 1.00 per share.
Shri Ramesh D. Devkar appointed as Director of the Company.
Maharashtra Scooters Ltd has recommended a Dividend of Rs. 20 per share.
2013
2014
Maharashtra Scooters Ltd has recommended a Dividend of Rs. 25.00 per share.
Shri G.B. Maware Appointed as Nominee Director.
2014
2015
Maha. Scooters - Authorised KMPs to determine materiality of events/information.
2015
