Maharashtra Corporation is planning for demerger of its business into import-export business and trading division under the provisions of sections 230 to 232 of the Companies Act, 2013. The Meeting of Board of Directors of the company is scheduled to be held on January 8, 2021 to consider the same.
Maharashtra Corporation is engaged in the business of trading in agricultural products. The company has also commenced additional activities like Import and Export of handicraft item and other goods.