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Maharashtra Scooters Ltd
NSE:MAHSCOOTER

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Maharashtra Scooters Ltd
NSE:MAHSCOOTER
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Price: 9 595.2002 INR 0.92% Market Closed
Market Cap: 109.7B INR
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Maharashtra Scooters Ltd
Investor Relations

Maharashtra Scooters Ltd., a storied name woven into the fabric of India's automotive landscape, was established in 1975 as a joint venture between Western Maharashtra Development Corporation and Bajaj Auto. Rooted in the industrious city of Satara, the company quickly became synonymous with manufacturing geared scooters and components that catered to the burgeoning middle-class market. Over the years, its operations capitalized on the robust distribution network and engineering prowess of Bajaj Auto, an arrangement that led to a synergistic business dynamic where technological innovation met consumer demand. This collaborative heritage allowed Maharashtra Scooters to carve out a niche in the competitive two-wheeler market, fostering a legacy of affordable and sturdy transportation solutions for the masses.

However, the company's trajectory isn't solely confined to being a manufacturing powerhouse. In recent years, Maharashtra Scooters has undergone a transformation, diversifying into investment holdings. As traditional scooter production faced competitive pressures and changing consumer preferences, the company adeptly shifted its focus, effectively monetizing its assets and reinvesting in marketable securities and other investments. By doing so, it leverages the financial acumen of its management and the historical equity relationships fostered by Bajaj Auto. This strategic pivot has allowed Maharashtra Scooters to generate revenue through capital gains and dividends, providing it with a buffer against industrial cyclicality and positioning it as a hybrid entity — straddling the worlds of manufacturing legacy and modern financial prowess.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Sanjay Vishram Uttekar
Chief Executive Officer
No Bio Available
Mr. Anant Marathe
Chief Financial Officer
No Bio Available
Mr. Sriram Subbramaniam C.S.
Company Secretary & Compliance Officer
No Bio Available

Contacts

Address
MAHARASHTRA
Pune
C/o. Bajaj Auto Ltd., Mumbai - Pune Road, Akurdi
Contacts
+914067161562
www.bajajauto.com