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Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Maharashtra Scooters Ltd
Maharashtra Scooters: Board approves Rs. 60/share final dividend for FY26
DIVIDEND ● No Immediate Change LOW RISK
📅 Filed on BSE: 22 Apr 2026, 11:55 AM IST  ·  BSE ID: 893965d1-e629-420f-86f9-e03f9c08f08b
View Original BSE Filing (PDF)
💡
In Simple Terms
Maharashtra Scooters' board approved paying Rs. 60 per share as final dividend for the year, pending shareholder vote at the AGM on 29 July.
🤖 AI Summary
  • Board approved Rs. 60 per share final dividend for FY26 (600% of face value)
  • Record date fixed at 30 June 2026 for determining eligible shareholders
  • Shareholder approval required at AGM on 29 July 2026
  • Dividend payment scheduled on or before 4 August 2026 if approved
  • Auditor issued unmodified opinion with no qualifications on FY26 results
🔢 Key Numbers — exact figures from BSE filing, not rounded
Final Dividend Per Share
Rs. 60
Dividend as % of Face Value
600%
Record Date
30 June 2026
Payment Due Date
on or before 4 August 2026
AGM Scheduled
29 July 2026
🏢 How This Affects the Company
💰
Financial Impact
Final dividend of Rs. 60 per share represents a cash outflow contingent on shareholder approval at the 29 July 2026 AGM.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must hold shares in demat form before record date 30 June 2026 to receive dividend if approved at 29 July AGM.
👤
Who Is Affected
All registered shareholders on record date 30 June 2026 will receive Rs. 60 per equity share if shareholders approve at AGM.
🔍
Management Signal
High dividend payout reflects confidence in FY26 profitability and management's intent to distribute surplus cash to equity holders.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Shareholder approval outcome at AGM on 29 July 2026 — confirm dividend declaration
Record date 30 June 2026 — verify shares held in demat account for eligibility
Dividend payment status by 4 August 2026 — track settlement in shareholder accounts
LOW RISK Dividend subject to shareholder approval; unmodified audit opinion eliminates accounting concerns. No qualifications flagged.
💡 Investor Takeaway
Board recommended Rs. 60 per share final dividend for FY26 (600% payout ratio on Rs. 10 face value). Dividend subject to shareholder approval on 29 July 2026. Record date: 30 June 2026. Payment by 4 August 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Auditor issued unmodified opinion with zero qualifications on financial statements
  • Board recommending substantial dividend of Rs. 60 per share signals profitability and cash generation
📅 Company Track Record
On 22 April 2026, Board recommended Rs. 60 per share final dividend for FY26. This filing confirms record date and AGM schedule for shareholder approval.

Based on publicly available historical data. For context only.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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