Maharashtra Scooters has informed that the Board of Directors of the Company at its meeting held on March 15, 2016, has considered and declared an interim dividend at the rate of Rs 30 per equity share of Rs 10 each i.e. 300%, for the financial year ending March 31, 2016. The payment of dividend shall be credited / dispatched by / around March 30, 2016 to the Shareholders as on the Record Date.
The above information is a part of company’s filings submitted to BSE.