Maharashtra Scooters Ltd. announced that a dividend at the rate of INR 80 per share (800%) of face value of INR 10 each on equity shares of the company has been recommended by the Board of Directors meeting held on April 25, 2022 for the financial year ended 31 March 2022. The said dividend, if declared, by the shareholders at the upcoming Annual General Meeting, will be credited/dispatched on 29 July 2022 and/or 30 July 2022. the record date for the purpose of determining the members eligible to receive the dividend for the financial year ended 31 March 2022, has been fixed as 1 July 2022.