Updates

18 September 2026 To, To, Corporate Relations Department Corporate Listing Department BSE Limited National Stock Exchange of India Ltd. DCS - CRD Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No.C-1, G Block Dalal Street, Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Code: 500266 NSE Code: MAHSCOOTER Dear Sir/ Madam, Sub.: Communication sent to Shareholders regarding Tax Deduction at Source (TDS) on interim dividend and updation of bank account details. The Company has sent a detailed communication to all the Shareholders on Thursday, 17 September 2026, holding shares as on Friday, 11 September 2026 (“cut-off date for this communication”) whose email addresses are registered with the Company/Depositories inter alia, informing about: 1. TDS on Interim Dividend: The process and documentation required for claiming exemption from deduction of tax on dividend. Pursuant to the provisions of the Income-tax Act, 2025, dividend income is taxable in the hands of Shareholders and the Company is required to deduct tax at source, as applicable. 2. Updation of Bank Account Details: Requesting Shareholders to update their bank account details with their Depository Participant (for shares held in dematerialised form) or with the Company/ RTA, KFin Technologies Ltd. (for shares held in physical form). The Company is mandated to pay the dividend only through electronic modes, as prescribed under the SEBI Listing Regulations. A specimen copy of the said communication sent to the Shareholders can be accessed by clicking here MSL TDS Communication. We request you to kindly take the same on record. Thanking you, Yours truly, For Maharashtra Scooters Limited Saurabh Erande Company Secretary Email: investors@msls.co.in www.mahascooters.com Registered Office: 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, Pune - 411 014 Tel: +91 20 7157 6066 | Fax: +91 20 7150 5792 Corporate ID No.: L35912MH1975PLC018376 | Email ID: investors@msls.co.in