Maharashtra Scooters Limited — Others, 23-07-2025: Appointment

Maharashtra Scooters' Board approved the financial results for the quarter, reporting a profit after tax of ₹35.36 Cr. Total comprehensive income for the period stood at ₹1721.85 Cr, with earnings per share at ₹30.9. As an investment company, a significant portion of comprehensive income reflects fair value changes in investments. Furthermore, following a proposal by the Nomination and Remuneration Committee, the Board appointed Shri V Rajagopalan and Shri S Ravikumar as Joint Managing Directors. Their appointments, for a term until July 31, 2030, are subject to shareholder approval, strengthening the company's leadership.