Maharashtra Scooters

MAHARASHTRA SCOOTERS, the
joint-sector company promoted by Western Maharashtra Development Corporation in association with Bajaj Auto, is entering the capital market on November 1, with a public issue of 4.90 lakhs equity shares, of Rs 10 each, to raise a part of the finance required for its Rs 1.79-crore project for manufacture of 24,000 scooters per year at Satara, an industrially 'back-ward district of Maharashtra,