Maharashtra Scooters Limited — Others, 23-07-2025: Change in Director(s)

Maharashtra Scooters' board has approved the financial results for the quarter ended June 30, reporting ₹29.27 Cr in revenue and a profit after tax of ₹35.36 Cr. This profit includes an ₹8.63 Cr tax provision adjustment from previous years. The company continues its operations as an investment firm following its factory closure last fiscal. Additionally, the board approved the appointment of Shri V Rajagopalan and Shri S Ravikumar as Joint Managing Directors, effective August 1, subject to shareholder approval. These new leaders bring strong financial and legal expertise to guide the company's investment strategy.