Maharashtra Scooters has informed that the Company has sent a detailed communication to all the Shareholders on Tuesday, 9 June 2026, holding shares as on Friday, 5 June 2026 (‘cut-off date for this communication’) whose email addresses are registered with the Company/Depositories, informing about: 1. TDS on Final Dividend: The process and documentation required for claiming exemption from deduction of tax on dividend. Pursuant to the provisions of the Income tax Act, 2025, dividend income is taxable in the hands of Shareholders and the Company is required to deduct tax at source, as applicable. 2. Updation of Bank Account Details: Requesting Shareholders to update their bank account details with their Depository Participant (for shares held in dematerialised form) or with the Company/ RTA, KFin Technologies (for shares held in physical form). The Company is mandated to pay the dividend only through electronic modes, as prescribed under the SEBI Listing Regulations. A specimen copies of the said communication sent to the Shareholders is available on the Company’s website at https://www.mahascooters.com/investors.html#miscellaneous.
