Maharashtra Scooters has informed that the Company has sent a detailed communication to all the Shareholders on Thursday, 17 September 2026, holding shares as on Friday, 11 September 2026 (‘cut-off date for this communication’) whose email addresses are registered with the Company/Depositories informing about: 1. TDS on Interim 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 can be accessed by clicking here MSL TDS Communication.
