Mah Scooters stops production of geared scooters

Mumbai, Mar 31 (UNI) Maharashtra Scooters Ltd(MSL) has completed production of CBU (completely built unit) scooters from the available CKD (completely knocked down) packs.

The company will cease production of geared scooters from the next month, since CKD packs are not available, it informed the BSE.

The company would have about 2,450 finished units of scooters in its closing stock as today, and will continue to sell these stocks in the next couple of months.

Keeping in mind the interest of the work force engaged, and of the all stake-holders, the company is exploring different alternatives available in this situation and various options are under consideration, it added.

UNI SN GK SKB1910