|₹5050 / ₹3275|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
The makers of Priya scooters, Maharashtra Scooters was jointly promoted by Western Maharashtra Development Corporation and Bajaj Auto. The company was incorporated at Pune in June 11, 1975 and it came out with its first public issue in Nov. '77. The company, at the time of inception, entered into a technical know-how agreement with Bajaj Auto, the tenure of which was specified as 10 years from the date of commencement of commercial production or till the company achieved a total production of 3 lac scooters,whichever is later. Commercial production at its Satara plant commenced in Aug. '76. Under the scheme of re-endorsement of industrial capacity with reference to minimum economic scales of operation announced by the government, the company expanded the installed capacity of motorized two-wheelers (350 cc engine capacity) during 1985-86. Further expansions have increased the installed capacity to 1.