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Maharashtra Scooters informs about outcome of board meeting

21 Feb 2025 Evaluate
Maharashtra Scooters has informed that the Board of Directors of the Company, at its meeting held today on 21 February 2025, has noted the closure of Factory/Plant situated at C1, MIDC, Satara 415 004, considering the non-viability of manufacturing operations. The Board also approved the transfer of leasehold rights in the Factory land admeasuring approximately 50 acres along with sale of machineries and spares situated at C1, MIDC, Satara -415004, for which the company has received a No Objection Certificate from MIDC. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024 are Annexed. 

The above information is a part of company’s filings submitted to BSE.

Maharashtra Scooters Share Price

13113.15 -282.80 (-2.11%)
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