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WMDC transfers 27% stake in Maharashtra Scooters to BHIL

18 Jun 2019 Evaluate

Western Maharashtra Development Corporation (WMDC) has transferred its 27% stake in Maharashtra Scooters to Bajaj Holdings & Investment (BHIL) on June 17, 2019. Consequent upon the acquisition of 27% stake of the company from WMDC, BHIL holds 51 % shareholding in Maharashtra Scooters. The company has hence become a subsidiary of BHIL now.

Maharashtra Scooters is engaged in assembling geared scooters. The company markets scooters under the brand name of Chetak, Super and Priya. 

Maharashtra Scooters Share Price

13797.50 -18.80 (-0.14%)
07-Aug-2026 16:59 View Price Chart
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