Maximaa Systems has received an approval to merge Essenzaa Lifescience (a company having patented neutraceutical products) into Maximaa Systems, subject to the approval of shareholders and High Court. The board of directors at their meeting held on July 10, 2015 has approved for the same.
The board also approved to hive-off storage manufacturing and IT business from the company and focus completely on existing Pharmaceutical business, subject to the approval of shareholders.
Maximaa Systems is engaged in business of manufacturing and trading of different types of industrial storage systems (ie, lockers, cupboards & steel furniture made of CRC sheets & is in the form of slotted angles, panels of different specifications and design for storing inventory) and IT services.
