Scooters India has received an approval to hive off its 89.69 acres of non-core land. The board of directors at its meeting held on February 26, 2018 has approved for the same, subject to the approval of its shareholders, President of India and other statutory authorities.
Scooters India is principally engaged in the business of manufacturing and sale of motor vehicles and spare-parts (Automobile). The company’s principal products/services include Vikram 3Wheelar and Spare Parts.