News:
Maharashtra Scooters has informed that a dividend at the rate of Rs. 110 per share (1100%) of face value of Rs. 10 The Board of Directors has recommended converting each equity share of the Company into active voice.
Maharashtra Scooters in its letter has informed the exchanges that it has fixed Record Date not Mentioned (one or two days after the ex-dividend date) as the Record date. Consequently, the Company will pay the declared dividend to members who hold shares in physical or electronic form and whose names appear in the Register of Members on the 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.
| Company Name: | Maharashtra Scooters Ltd |
| Company Type: | Pvt |
| Face Value: | Rs.10 |
| Dividend Type: | Interim |
| Dividend %: | 1100% |
| Dividend Given: | Rs 110/Share |
| Announcement Date: | 15-09-2023 |
| Ex-Dividend Date: | 28-09-2023 |
| Record Date: | 29-09-2023 |
| Listed In: | BSE/NSE |
Maharashtra Scooters Dividend Calculator
| No.of.Shares | Dividend Get |
| 100 | Rs.1100 |
| 1000 | Rs.11000 |
Maharashtra Scooters Dividend History (Year Wise)
| Announcement Date | Ex‑Date | Dividend(%) | Dividend (Rs) |
| 15-09-2023 | 28-09-2023 | 1100 | 110 |
What is Dividend?
A company pays dividends, which are a part of its profits, to the shareholders who own shares in the company.
where dividend gets credited?
Any dividend received on your Shares will be directly credited to the registered bank account
Dividend is taxable?
dividend income will become taxable in the hands of taxpayers irrespective of the amount received at applicable income tax slab rates 
