Maharashtra Scooters (MAHSCOOTER) — Voting Results

📢 Key Event
Shareholders to vote on name change to Bajaj Nivesh Limited and MOA amendment via postal ballot

🔄 What Changed
Name change to Bajaj Nivesh Limited and addition of renewable energy generation clause to MOA

🔮 What's Next
Results to be declared by 29 September 2026

💡 Investor Takeaway
Shareholders must vote via KFin Technologies' platform to approve the name change and MOA amendments

Maharashtra Scooters Ltd convened a postal ballot to seek shareholder approval for changing its name to Bajaj Nivesh Limited and amending its Memorandum of Association to shift focus toward renewable energy investments. The e-voting period ran from 29 August to 27 September 2026, with results to be declared by 29 September. The proposed changes involve deleting scooter manufacturing clauses, retaining investment activities, and adding renewable energy generation as a new objective. The Board views this as strategic diversification aligned with its core objectives. Shareholders must vote via KFin Technologies' platform, and the scrutiniser will verify results before finalisation.

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About Maharashtra Scooters Ltd (MAHSCOOTER)

Financial Services · Finance · Listed on BSE

Market Cap: ₹15,642.8 Cr P/E: 56.2 ROE: 1.0% ROCE: 1.0% Div Yield: 1.61%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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